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You are given the following information about KER Ltd.:
30,000 common shares outstanding on January 1, 2012
2,000 shares sold on March 1, 2012
1,000 shares sold on September 1, 2012
2 for 1 Stock split recorded on October 1, 2012 Net Income for the year $340,000
Required:
Calculated the basic EPS.
Preamble
An introductory statement in a document that explains the document's purpose and underlying philosophy.
Black Abolitionists
African American activists who campaigned against the enslavement and oppression of black people.
American Anti-Slavery Society
Founded in 1833, the organization that sought an immediate end to slavery and the establishment of equality for black Americans. It split in 1840 after disputes about the role of women within the organization and other issues.
Fourth of July
An American federal holiday commemorating the adoption of the Declaration of Independence on July 4, 1776, marking the country's independence from Great Britain.
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