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Suppose Beta Co had 1 0 0 million shares outstanding and earned $ 6 0 0 million, therefore the 'Earning per Share' ( EPS )
Suppose Beta Co had million shares outstanding and
earned $ million, therefore the 'Earning per Share' EPS is
$ Now suppose Beta sold another million shares
therefore total shares outstanding is million shares and
invested the funds received in assets that produced an
additional $ million of income therefore total income is
$ million Calculate new EPS.
a $
b $
c $
d $
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