Earnings per share of common stock

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Parson Corporation had 500,000 shares of common stock outstanding on January 1, issued 100,000 shares on October 1, and had income applicable to common stock of $730,000 for the year ended December 31, 2013. Rounded to the nearest penny, earnings per share of common stock for 2013 would be

  • $1.67
  • $1.46
  • $1.39
  • $1.22

Reference no: EM13762615

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