At December 31, 2021, Pronghorn Company had 473000 shares of common stock issued and outstanding....
90.2K
Verified Solution
Link Copied!
Question
Accounting
At December 31, 2021, Pronghorn Company had 473000 shares of common stock issued and outstanding. 368000 of which had been issued and outstanding throughout the year and 105000 of which were issued on September 1,2021. Net income for the year ended December 31.2021, was \$1169000. What should be Pronghorn's 2021 earnings per common share, rounded to the nearest penny? $2.58$2.90$2.47$3.18
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.