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In the year just ended, A Corp. has 10,000 shares of $1 par common stock and 20,000 shares of cumulative preferred, $100 par, 7% stock.

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In the year just ended, A Corp. has 10,000 shares of $1 par common stock and 20,000 shares of cumulative preferred, $100 par, 7% stock. Net Income for the year was $540,000. Calculate Basic EPS for each of the following INDEPENDENT assumptions. No Change occurred during year in shares outstanding. b On July 1, the Corp. issued an additional 5,000 shares. On April 1, the Corp. issued an additional 5,000 shares and on Oct. 1, the Corp. issued an additional 5,000 shares. Dividends were one year in arrears. d On July 1, the Corp. declared a 2 for 1 stock split

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