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On January 1, 2018, Carleton Corporation had 55,000 shares of $6 par value common stock...

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Accounting

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On January 1, 2018, Carleton Corporation had 55,000 shares of $6 par value common stock outstanding. On March 31, 2018, Carleton issued an additional 10,000 shares in exchange for a building. What number of shares will be used in the computation of earnings per share for the year 2018? Multiple Choice 55,000 65,000 62,500 62,000

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