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Benedict Corporation reports the following information Benedict sho.pdf

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Benedict Corporation reports earnings per share of $5.00, calculated by dividing net income of $750,000 by the weighted average common shares outstanding of 150,000. The formula used for this calculation is earnings per share = net income / weighted average common shares outstanding. This summary highlights the company's financial performance in terms of earnings per share.

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Benedict Corporation reports the following information: Benedict should report earnings per share of Solution Calculation of Earning Per share : Formula : Earning Per Share = Net income / Weighted Average common shares outstanding = $750000 / 150000 = $5.00 per Share

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Benedict Corporation reports the following information Benedict sho.pdf

  • 1. Benedict Corporation reports the following information: Benedict should report earnings per share of Solution Calculation of Earning Per share : Formula : Earning Per Share = Net income / Weighted Average common shares outstanding = $750000 / 150000 = $5.00 per Share