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A corporation with 5 million shares reported total earnings [#permalink]
23 Jan 2008, 11:13
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A corporation with 5 million shares reported total earnings of 7,20 $ per share for the first 9 months. During the final quarter the number of shares increased to 10 million, and quarter earnings were reported at as 1,25$ per share. What are the average annual earnings per share based on the number of shares at the end of the year?