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Common shares outstanding on january 1 50000 shares july 1

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Reference no: EM13484025

Assume the following facts for the current year:

Common shares outstanding on January 1, 50,000 shares July 1, 2-for-1 stock split October 1, a stock issue of 10,000 shares Required Compute the denominator of the earnings per share computation for the current year.

Reference no: EM13484025

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