Assume the following facts for the current yearcommon, Ask an Expert

Finance

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.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92072940

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