Proceeds from these new shares and operating improvement

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Sosa Bus Company had earnings after taxes of $800,000 in the year 2011 with 200,000 shares of stock outstanding. On Jan 1 2010 the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 30 percent.

A. what are the earnings per share for 2011?

B. what are the earnins per share for 2012?

Reference no: EM131320979

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