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Sanders Company had 200,000 shares of common stock outstanding on December 31, 2016. During the year 2017, the company issued 8,000 shares on May 1
Sanders Company had 200,000 shares of common stock outstanding on December 31, 2016. During the year 2017, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2017, Ace Company reported net income of $249,690 after a loss from discontinued operations of $40,600 (net of tax)
What earnings per share data should be reported at the bottom of its income statement?
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