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On September 1, 2023, Pin acquires all of Skin’s shares, by issuing 15,000 shares of common stock. The following information is related to Pin & Skin at December 31, 2023. Pin $420,000 Net Income evenly distributed during the year 2023 O a. $8.0 O b. $7.0 O c. $9.0 O d. $10.0 60,000 # of outstanding shares 20,000 Calculate the consolidated earnings per share (EPS) for the year ended December 31, 2023. A Skin $150,000
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On September 1, 2023, Pin acquires all of Skin’s shares, by issuing 15,000 shares of common stock. The following information is related to Pin & Skin at December 31, 2023. Pin $420,000 Net Income evenly distributed during the year 2023 O a. $8.0 O b. $7.0 O c. $9.0 O d. $10.0 60,000 # of outstanding shares 20,000 Calculate the consolidated earnings per share (EPS) for the year ended December 31, 2023. A Skin $150,000
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