The Layline Company had net income of 480,000 and paid dividends of 100,000 to ordinary shareholders in 2021. The equity of ordinary shareholders of the Layline Company at the beginning and end of 2021 was 1,740,000 and 2,260,000, respectively. There are 400,000 weighted average common shares outstanding. Calculate the Layline Company earnings per share for 2021

Sep 8, 2023

  1. The Layline Company had net income of €480,000 and paid dividends of €100,000 to ordinary shareholders in 2021. The equity of ordinary shareholders of the Layline Company at the beginning and end of 2021 was €1,740,000 and €2,260,000, respectively. There are 400,000 weighted average common shares outstanding. 
  2. Calculate the Layline Company earnings per share for 2021

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