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Business, 06.12.2019 00:31 Shu11

Getaway travel company reported net income for 2016 in the amount of $50,000. during 2016, getaway declared and paid $2,000 in cash dividends on its nonconvertible preferred stock. getaway also paid $10,000 cash dividends on its common stock. getaway had 40,000 common shares outstanding from january 1 until 10,000 new shares were sold for cash on july 1, 2016. a 2-for-1 stock split was granted on july 5, 2016. what is the 2016 basic earnings per share (rounded)

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Getaway travel company reported net income for 2016 in the amount of $50,000. during 2016, getaway d...
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