Accounting Analysis I: The Role of Accounting as an Information System | Online Course Support

During 2018, Company X had net income of $150,000. At the beginning of the year, Company X had 200,000 shares of outstanding common stock. Company X issued 50,000 more shares on both April 1, 2018 and October 1, 2018. Company X did not pay any preferred stock dividends during 2018. What is Company X’s basic earnings per share?


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