Business
Business, 08.11.2019 00:31, julesR6646

On january 1, a company has 700,000 shares of issued and outstanding common stock. on march 1, the company repurchases 60,000 shares. on june 1, it effects a 2-for-1 stock split. on november 1, it issues 240,000 shares. the company has a net income for the year of $2,720,000. what is the basic earnings per share of common stock for the year (rounded to the nearest cent)?

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On january 1, a company has 700,000 shares of issued and outstanding common stock. on march 1, the c...

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