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This financial information is available for Hoyle Corporation.
The weighted-average number of shares of common stock outstanding was 180,000 for 2009 and 150,000 for 2010.
Instructions
Calculate earnings per share and return on common stockholders' equity for 2010 and 2009.
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A department has no beginning work in process, has started 80,000 units and completed 50,000 units. Its ending work in process is 30,000 units, 60% complete as to conversion costs and fully complete as to materials.
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