The following information pertains to Ricochet Inc. for 2020. January 1 Number of common shares...
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The following information pertains to Ricochet Inc. for 2020. January 1 Number of common shares issued and outstanding, 200,000 February 1 Number of new common shares issued, 8,000 July 31 100% common stock dividend December 31 Reported net income of $560,000 What is the companys earnings per share reported in its financial statements for the year ended December 31, 2020
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