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Business, 10.05.2021 19:10 TheOneandOnly003
On December 31, 2020, the Frisbee Company had 256,000 shares of common stock issued and outstanding. On March 31, 2021, the company sold 56,000 additional shares for cash. Frisbee's net income for the year ended December 31, 2021, was $760,000. During 2021, Frisbee declared and paid $86,000 in cash dividends on its nonconvertible preferred stock. What is the 2021 basic earnings per share
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On December 31, 2020, the Frisbee Company had 256,000 shares of common stock issued and outstanding....
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