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Business, 27.12.2019 00:31 reghanhoward3

Fox co. had 120,000 shares of common stock outstanding at january 1. on july 31, it issued 60,000 additional shares of common stock. outstanding all year were 10,000 shares of nonconvertible cumulative preferred stock. what is the number of shares that fox should use to calculate earnings per share for the calendar year?

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