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A company had 90,000 shares of common stock outstanding on January 1 and then sold 20,000 additional shares on March 30. Net Income for the

A company had 90,000 shares of common stock outstanding on January 1 and then sold 20,000 additional shares on March 30. Net Income for the year was $465,000. What are earnings per share? Multiple Choice $23.25 $5.17 $4.23 $4.43

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