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22. A company begins on January 1, 2020 with 50,000 common shares outstanding. The only common stock transaction during 2020 was a 3: 1 share

22. A company begins on January 1, 2020 with 50,000 common shares outstanding. The only common stock transaction during 2020 was a 3: 1 share split. This partition occurred on October 1, 2020. For the purpose of calculating earnings per share for 2020, the number of common shares outstanding was: to.

a. 50,000

b. 150,000

c. 75,000

d. 100,000

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