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Athena company provided the following information:
Net income for 2019 18,000,000
Net income for 2020 60,000,000
Ordinary shares outstanding on December 31, 2019 200,000
Question 1: What amount should be reported as 2019 basic earnings per share in the 2020 comparative income statement?
a. 90
b. 30
c. 60
d. 45
Question 2: What amount should be reported as 2020 basic earnings per share in the 2020 comparative income statement?
a. 200
b. 100
c. 150
d. 175
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Working Capital is funds available to run the day-to-day operations, what ratios would be appropriate for ensuring management is aware of the business funding?
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