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On january 1 2002 humlee corporation had 100000 shares of

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On January 1, 2002, Humlee Corporation had 100,000 shares of $5 par value common stock outstanding. On March 31, 2001, Humlee issued an additional 8,000 shares in exchange for a building. What number of shares will be used in the computation of basic EPS for the year 2002?

Reference no: EM13594183

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