THE COMPANY HAD 20,000 SHARES OF COMMON STOCK ISSUED AND OUTSTAN...

2004. The company had 20,000 shares of common stock issued and outstanding on January 1, 2004, issued 7,000 more shareson June 1, 2004, and paid a 10% stock dividend on August 1, 2004. Assuming that JPK had $150,000 in net income, what is thefirm's basic earnings per share (EPS) for 2004?غ A)$2.71.غ B)$2.91.ض C)$2.64.Explanation