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U has $16,000 of net income in 2020. U had 3,000 shares of common stock...

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Accounting

  1. U has $16,000 of net income in 2020. U had 3,000 shares of common stock outstanding at the beginning of the year, issued an additional 1,000 shares on July 1, issued an additional 1,000 shares on October 1, and had a 2-1 stock split in December. Calculate earnings per share.

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