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I need explanation for these answers Earnings per Share Stanford Corporation began the year with 150,000 shares of common stock outstanding. On March 1 an
I need explanation for these answers
Earnings per Share Stanford Corporation began the year with 150,000 shares of common stock outstanding. On March 1 an additional 10,000 shares of common stock were issued. On August 1, another 16,000 shares of common stock were issued. On November 1, 12,000 shares of common stock were acquired as Treasury Stock. Stanford Corporation's net income for the calendar year is $489,000. Required Calculate the company's earnings per share. Earnings per Share $ 3Step by Step Solution
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