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Corbett Company has the following information available from its accounting records: ...

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Accounting

Corbett Company has the following information available from its accounting records:
Shares outstanding throughout the year 12,000
Net income for current year $ 112,000
Stockholders equity at beginning of year $ 230,000
Stockholders equity at end of year $ 280,000
The company has no preferred stock. What is the earnings per share?
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