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U has $16,000 of net income in 2020. U had 3,000 shares of common stock outstanding at the beginning of the year, issued an additional
- U has $16,000 of net income in 2020. U had 3,000 shares of common stock outstanding at the beginning of the year, issued an additional 1,000 shares on July 1, issued an additional 1,000 shares on October 1, and had a 2-1 stock split in December. Calculate earnings per share.
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
