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You Are Given the Following Information About DWWR Ltd

question 64

Essay

You are given the following information about DWWR Ltd.:
130,000 common shares outstanding on January 1, 2012
12,000 shares sold on March 1, 2012
11,000 shares sold on September 1, 2012
4 for 1 Stock split recorded on October 1, 2012 Net Income for the year $2,340,000
Required:
Calculated the basic EPS.


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