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How the eps equals

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Reference no: EM132569998

Question 1: Grover Corp. had 200,000 shares outstanding on January 1. On October 1, it issued 160,000 shares. Grover net income was $400,000. EPS equals:

Option 1: $1.11

Option 2: $1.43

Option 3: $1.67

Option 4: $2.00

Reference no: EM132569998

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