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Marsh Co . had 2 , 4 0 0 , 0 0 0 ordinary shares outstanding on January 1 and December 3 1 , 2
Marsh Co had ordinary shares outstanding on January and December In connection with the acquisition of a subsidiary company in June Marsh is required to issue additional ordinary shares on July to the former owners of the subsidiary. Marsh paid $ in preference share dividends in and reported net income of $ for the year. Marsh's diluted earnings per share for should be
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