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Business, 26.12.2019 00:31 astultz309459

Fox co. has one class of common stock outstanding and no other securities that are potentially convertible into common stock. during 20x1, 100,000 shares of common stock were outstanding. in 20x2, two distributions of additional common shares occurred: on april 1, 20,000 shares of treasury stock were repurchased, and on july 1, a 2-for-1 stock split was issued. net income was $410,000 in 20x2 and $300,000 in 20x1. what amounts should fox report as earnings per share in its 20x2 and 20x1 comparative income statements? 20x2 20x1

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