Brandies, Incorporated reported net income of $9.66 million. At the beginning of the year, 4.1 million shares of common stock were outstanding and at the end of the year, 4.3 million shares were outstanding. No dividends were declared. The EPS is: Multiple Choice $2.30. $2.25. $2.36. $1.15.

Brandies, Incorporated reported net income of $9.66 million. At the beginning of the year, 4.1 million shares of common stock were outstanding and at the end of the year, 4.3 million shares were outstanding. No dividends were declared. The EPS is: Multiple Choice $2.30. $2.25. $2.36. $1.15.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 23EB: Bastion Corporation earned net income of $200,000 this year. The company began the year with 10,000...

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Question

Brandies, Incorporated reported net income of $9.66 million. At the beginning of the year, 4.1 million shares of common stock were outstanding and at the end of the year, 4.3 million shares were
outstanding. No dividends were declared. The EPS is:
Multiple Choice
$2.30.
$2.25.
$2.36.
$1.15.

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