Suppose a company had 2 million shares of stock outstanding at the beginning of the year and

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Suppose a company had 2 million shares of stock outstanding at the beginning of the year and 2.25 million shares at the end of the year after issuing 0.25 million shares at the beginning of the fourth quarter.

And suppose the company had earnings available to common shareholders of $4 million. What is this company’s earnings per share?

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Financial Management And Analysis (Frank J. Fabozzi Series)

ISBN: 9780471477617

2nd Edition

Authors: Frank J. Fabozzi, Pamela P. Peterson

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Question Posted: Jun 10, 2024 02:19 AM

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Suppose a company had 2 million shares of stock outstanding at the beginning of the year and

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Financial Management And Analysis (Frank J. Fabozzi Series)

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