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A company had 125,000 shares of common stock outstanding on January 1 and...

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Accounting

A company had 125,000 shares of common stock outstanding on January 1 and then sold 35,000 additional shares on March 30. Net income for the year was $594,750. What are earnings per share?
Select one:
a. $4.73
b. $4,58
c. $6.61
d. $3.93
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