Earnings per share of frantic fast foods, Business Management

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Earnings per share of frantic fast foods

Frantic Fast Foods had earnings after taxes of $420,000 in 2012 with 309,000 shares outstanding. On January 1, 2013, the firm issued 20,000 new shares. Because of proceeds from these new shares and other operating improvements, earnings after taxes increased by 30 percent.

a. Compute earnings per share for the year 2012.

b. Compute earnings per share for the year 2013.

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Business Management: Earnings per share of frantic fast foods

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Business Management: Earnings per share of frantic fast foods

Reference No:- TGS058819

Have a Question? (oR Write a Review)

Recent Questions Asked Business Management

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Ask an Expert for Answer!!

Business Management: Earnings per share of frantic fast foods

Reference No:- TGS058819

Recent Questions Asked Business Management

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