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    ajackson6's Avatar
    ajackson6 Posts: 1, Reputation: 1
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    #1

    Feb 18, 2008, 07:10 PM
    Figure Net Income
    If there are 100000 common shares outstanding. And earnings per share is $5 what is the net income for the year:confused:
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Feb 20, 2008, 09:00 PM
    You have $5 of earning per each one share of stock. And you have 100,000 shares. So what's total income?

    I think you're trying to make this complicated because it stock. But the math is no different than if you bought 5 gallons of milk and they cost $3.25 each. How much total did you spend?
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