Question
ABC Inc. has 100,000 common shares outstanding at the start of the year. On March 1, 20,000 more were issued. On September 1, 30,000 more
ABC Inc. has 100,000 common shares outstanding at the start of the year. On March 1, 20,000 more were issued. On September 1, 30,000 more were issued. What is the denominator of ABC Inc.s basic earnings per share for that year?
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A : 125,000
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B : 100,000
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C :150,000
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D : 122,500
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Enterprise Information Systems A Pattern Based Approach
Authors: Cheryl Dunn, J. Owen Cherrington, Anita Hollander
3rd Edition
0072404299, 978-0072404296
