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E16.17 (EPS: Simple Capital Structure) Ace Company had 200,000 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued

E16.17 (EPS: Simple Capital Structure) Ace Company had 200,000 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1 and retired 14,00...

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