Concept of basic earnings per share, Accounting Basics

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Concept of basic earnings per share

On july 2, 2010 Redford issued a 10% stock dividend on its common stock, and paid a cash dividend of $2.00 per share on its preferred stock. Net income for the year ended December 31, 2010 was $780,000. What should be Redford's 2010 basic earnings per share?

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Accounting Basics: Concept of basic earnings per share

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Accounting Basics: Concept of basic earnings per share

Reference No:- TGS080416

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Recent Questions Asked Accounting Basics

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Accounting Basics: Concept of basic earnings per share

Reference No:- TGS080416

Recent Questions Asked Accounting Basics

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Q : What amount should g charge to compensation expense

Q : Alberts mortgage on the land

Q : What is the materials quantity variance for the month

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Q : An informative outline for a speech

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