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For the year ended December 31, 2012, Joey Co. reported Net Income of $655,000. At January 1, 2012 the company had 900,000 shares of common stock outstanding. At December 31, 2012, Joey Co had what is described as a "Simple Capital Structure." The following changes in the number of shares occurred during 2012:
1. Compute Joey Co's earnings per share for the year ended December 31, 2012 . 2. Given the facts as presented above, Joey Co would have to report Diluted EPS at 12/31/2012. TRUE or FALSE [Circle One]
1. presented below are four unrelated situations involving equity securities that have readily determinable fair
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What are the pros and cons of the following state and local tax provisions? Be sure to include any related information regarding these types of taxes.
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