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Business, 03.12.2021 01:00 rsanchez1226

At the beginning of the year, Stam Co. had 200,000 shares of common stock issued and outstanding. On March 31, the company issued 40,000 additional shares. On July 1, it declared and distributed a 50% stock dividend and on September 30 repurchased 10,000 shares as treasury stock. What amount of shares should Stam use to calculate basic earnings per share

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At the beginning of the year, Stam Co. had 200,000 shares of common stock issued and outstanding. On...
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