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Calculate the earnings per share for 2015

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Reference no: EM132203272

Lone Start Golf, Inc. provides the following information for 2015.

Net Income $380,000

Market price per share of Common Stock $60 per share

Dividends paid to Common Stock holders $180,000

Common Stock outstanding at Jan. 1 2015 190,000 shares

Common Stock outstanding at Dec. 31 2015 200,000 shares

There is no preferred stock outstanding. Calculate the earnings per share for 2015.

Reference no: EM132203272

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