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snell co had 300000 shares of common stock issued and outstanding at12/31 year 2. on 1/1 year 3, snell issued 200000 shares of nonconvertible...

snell co had 300000 shares of common stock issued and outstanding at12/31 year 2. on 1/1 year 3, snell issued 200000 shares of nonconvertible preferred stock. during year 2 snell declared and paid $75000 of cash dividends on the common stock and $60000 ont he preferred stock. net income for year ended 12/31 year 3 was $330000 what is snell's year basic earning per share.
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Accounting-8090909.xls

snell co had 300000 shares of common stock issued and outstanding at12/31 year 2. on 1/1 year 3, snell issued 200000 shares of nonconvertible
preferred stock. during year 2 snell declared and paid...

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