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Aria Ltd . provides the following information for calendar 2 0 2 3 : 1 . Net income......................................................................................................... $ 4 2 0 , 0 0
Aria Ltd provides the following information for calendar :
Net income......................................................................................................... $
Capital Structure
a $ preferred shares, no par value, cumulative, $
shares outstanding
No dividends were declared during
b Common shares, shares outstanding on January
On April shares were issued for cash.
On October shares were purchased and retired. $
c On January Aria purchased Apso Corporation.
One of the terms of the purchase was that if Arias net income for or subsequent
years is $ or more, additional common shares would be issued to Apso
shareholders.
Instructions
Calculate basic and diluted earnings per share for
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