10 Nov (Learning Objective 4: Compute earnings per common
(Learning Objective 4: Compute earnings per common share) Speedy Loan Company’s balance sheet at December 31, 2014 reports the following:During 2014, Speedy earned net income of $5,700,000. Compute Speedy Loan’s earnings per common share (EPS) for 2014; round EPS to two decimal places. Assume the number of shares issued and outstanding did not change during the year.
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