ABC Inc. has 100,000 common shares outstanding at the start of the year. On March...
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Accounting
ABC Inc. has 100,000 common shares outstanding at the start of the year. On March 1, 20,000 more were issued. On September 1, 30,000 more were issued. What is the denominator of ABC Inc.s basic earnings per share for that year?
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A : 125,000
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B : 100,000
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C :150,000
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D : 122,500
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