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A company reported of profit for 2 0 2 0 . It aiso declared of dividends on preferred shares for the same year. At the
A company reported of profit for It aiso declared of dividends on preferred shares for the same year. At the beginning of the compary had outstanding common shares. These three events changed the number of outstanding shares during the year: Jurle sold eee comeon shares for cash. Als. Purchased and retired eee connon shares. Oct. completed a threeforone share split. a What is the amount of profit avallable for distribution to the common sharehoiders? b What is the weightedaverage number of common shares for the year? c What is the earnings per share for the year? Round the tinal onswer to decimal ploces.
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