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A company had 110.000 shares of common stock outstanding on January 1st. It then issued 50,000 additional shares of common stock on July 1st. If

A company had 110.000 shares of common stock outstanding on January 1st. It then issued 50,000 additional shares of common stock on July 1st. If the earnings for the year are $506,250, calculate the earnings per share for the year using weighted average number of shares. (round your answer to two decimal places) Multiple Choice $375 $415 $316 $460

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