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Acme Company reported Net Income of $100,000 during the year. It had 100.000 common shares outstanding on January 1. On June 30 Acme issued 50,000

Acme Company reported Net Income of $100,000 during the year. It had 100.000 common shares outstanding on January 1. On June 30 Acme issued 50,000 additional shares. Compute Acme's basic Earnings per Share (EPS). Show you work

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