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soldi70 [24.7K]
3 years ago
11

At December 31, 2018, Hancock Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issue

d and outstanding throughout the year and 100,000 of which were issued on October 1, 2018. Net income for the year ended December 31, 2018, was $1,700,000. What should be Hancock's 2018 earnings per common share, rounded to the nearest penny?
a. $36
b. $4.25
c. $4.00
d. $3.78
Business
1 answer:
MAVERICK [17]3 years ago
3 0
The answer is 36 I put this so I can get the answer for myself I’m not sure what it really is
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