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Texas Corp. had 480,000 shares of common stock outstanding on January 1, issued 900,000 shares...

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Accounting

Texas Corp. had 480,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $2,500,000 for the year ending December 31, 2021. Earnings per share of common stock for 2021 would be?

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