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QS 11-23 (Algo) Basic earnings per share LO A1 Eplc Company earned net income of...

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QS 11-23 (Algo) Basic earnings per share LO A1 Eplc Company earned net income of $808,500 this year. There were 350.000 weighted average common shares outstanding, and preferred shareholders recelved a $21,000 cash dividend. Compute Epic Company's basic eamings per share

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