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Corbett Co. has the following information available from its accounting records: Shares outstanding throughout the year Net income for current year Stockholders' equity at beginning
Corbett Co. has the following information available from its accounting records: Shares outstanding throughout the year Net income for current year Stockholders' equity at beginning of year Stockholders' equity at end of year 12,000 $112,000 $230,000 $280,000 The company has no preferred stock. What is the earnings per share? Multiple Choice $0.80 $8.00 $9.33 O $11.20
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