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EastWind [94]
3 years ago
15

Meyers, Inc. presented the following data:

Business
1 answer:
nirvana33 [79]3 years ago
6 0

Answer:

d. 1,990.

Explanation:

The computation of the denominator that should be used for determining the basic EPS is as follows:

Outstanding shares   Oustanding months  Equivalent units

2,000                              (9 ÷ 12)                   1,500

(1,000 × 2)

1,800                                (1 ÷ 12)                    150

(2,000 - 200)  

$2,040                             (2 ÷ 12)                    340

(1,800 + 240)      

Total shares                                                  1,990

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Learn more about Interest at brainly.com/question/17072533

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