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On January 1, 2002, Huga Corporation had 100,000 shares of $5 par value common stock outstanding. On March 31, 2002, Huga 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?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M940327

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