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Calculate McDonnell-Myers earnings per share for the year

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Question - McDonnell-Myer Corporation reported net income of $2,619 million. The company had 536 million common shares outstanding at January 1 and sold 60 million shares on Feb. 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $39 per share. Calculate McDonnell-Myers earnings per share for the year.

Reference no: EM132473149

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