At December 31, 2020, Helium Corp. had 650,000 common shares outstanding, 500,000 of which were...
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Accounting
At December 31, 2020, Helium Corp. had 650,000 common shares outstanding, 500,000 of which were issued and outstanding throughout the year and 150,000 of which were issued on October 1, 2020. Net income for calendar 2020, was $382,500. There are no preferred shares issued. Basic earnings per share for 2020 would be
$0.59.
$0.77.
$0.71.
$0.43.
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