For the year that just ended, a company reports net income of 1,500,000. There are 500,000 shares authorized, 300,000 shares issued, and 250,000 shares of common stock outstanding. What is the earnings per share?
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For the year that just ended, a company reports net income of 1,500,000. There are 500,000 shares authorized, 300,000 shares issued, and 250,000 shares of common stock outstanding. What is the earnings per share?
Take your Net Income and divide it by your number of shares of common stock outstanding.
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