Argonaut Enterprises had 500,000 shares of common stock outstanding on January 1. On June 1, Argonaut issued an additional 60,000 common shares. Argonaut has no treasury stock
If Argonaut's net income was $133,750 for the year, its earnings per share for the year was ________, rounded to the nearest cent.
A) $0.27
B) $0.24
C) $3.96
D) $0.25
D
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If losses on a particular line of medical malpractice insurance were $650 million and premiums earned were $575 million, the loss ratio would be
A. 1.13 implying that this line of insurance is profitable. B. 1.13 implying that this line of insurance is unprofitable. C. 0.88 implying that this line of insurance is profitable. D. 0.88 implying that this line of insurance is unprofitable. E. -$75 million implying that this line of insurance is unprofitable.
One method of business-to-business market segmentation utilizes company size as a segmentation variable
Indicate whether the statement is true or false