Compute the denominator of the earnings per share

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Reference no: EM131318338

Assume the following facts for the current year:
Common shares outstanding on January 1: 50,000 shares
July 1: 2-for-1 stock split
October 1: a stock issue of 10,000 shares

Required:-

Compute the denominator of the earnings per share computation for the current year.

Reference no: EM131318338

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