Problem
Revival Corporation provides the following information.
|
March 31, 2016
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March 31, 2017
|
|
Net Income
|
$360,000
|
$424,500
|
|
Preferred Dividends
|
0
|
0
|
|
Total? Stockholders' Equity
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$4,350,000
|
$5,092,000
|
|
?Stockholders' Equity attributable to Preferred Stock
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0
|
0
|
|
Number of Common Shares Outstanding
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275,464
|
200,168
|
Based on the information provided above, compute the earnings per share of Revival Corporation as of March 31, 2017?