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D. .5 13. On December 31,2013 , the Frisbee Company had 250,000 ordinary shares issued and outstanding On March 31, 2014, the company sold 50,000

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D. .5 13. On December 31,2013 , the Frisbee Company had 250,000 ordinary shares issued and outstanding On March 31, 2014, the company sold 50,000 additional shares for cash. Frisbees net income for the year ended December 31, 2014 was $700,000. . What is the 2014 basic carnings per share (rounded)? A. $2.43 B. $3.50 C. $3.10. D $2.80

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