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A corporation reported 19x1 net income of $156,000. On January 1, 1971, 60,000 shares of common stock were outstanding. An additional 10,000 shares were sold

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A corporation reported 19x1 net income of $156,000. On January 1, 1971, 60,000 shares of common stock were outstanding. An additional 10,000 shares were sold and issued on April 1 and 5,000 shares were purchased and retired on October 1. Earnings per share founded to the nearest centre 5 Multiple Choice $236 O $22 5200 2:40

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