Question
At December 31, 2025, Latin Dance Company had 498000 shares of common stock issued and outstanding, 404000 of which had been issued and outstanding
At December 31, 2025, Latin Dance Company had 498000 shares of common stock issued and outstanding, 404000 of which had been issued and outstanding throughout the year and 94000 which were issued on October 1, 2025. Net income for the year ended December 31, 2025 was $1700000. What should be Latin Dance's 2025 earnings per common share?
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