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Sunland Inc uses a calendar year for financial reporting. The company is authorized to issue 8,810,000 shares of $12 par common stock. At no time
Sunland Inc uses a calendar year for financial reporting. The company is authorized to issue 8,810,000 shares of $12 par common stock. At no time has Sunland issued any potentially dilutive securities. Listed below is a summary of Sunland's common stock activities. (a) Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement
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