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A Company with 20 Million Shares Earns $1

Question 69

Multiple Choice

A company with 20 million shares earns $1.6 million one year and loses $2.6 million the next year. Find the per-share income for two years.

A) $0.05 million
B) $1 million
C) -$0.05 million
D) -$1 million

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