Elance Exams Answers PDF file

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One million shares of common stock outstanding at the beginning of 1999 • 200,000 shares issued on the last day of March • 500,000 shares issued on the last day of June • 800,000 shares issued on the last day of September. What is the number of shares that should be used to compute 1999 earnings per share for the QRK Company?

1.9 million.
4.5
3.5 million.
2.5 million.
1.5 million.
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