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Home / Questions / Sosa Diet Supplements had earnings after taxes of $640000 in 20X1 with 375000 shares of st...

Sosa Diet Supplements had earnings after taxes of $640000 in 20X1 with 375000 shares of stock outstanding On January 1 20X2 the firm issued 100000 new shares Because of the proceeds from these

Sosa Diet Supplements had earnings after taxes of $640,000 in 20X1 with 375,000 shares of stock outstanding. On January 1, 20X2, the firm issued 100,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 34 percent.  
  
a. Compute earnings per share for the year 20X1. (Round your answer to 2 decimal places.)
Earnings Per Share=

b. Compute earnings per share for the year 20X2. (Round your answer to 2 decimal places.)
Earnings Per Share=

 

Apr 23 2020 View more View Less

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