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The following information is reported on Murray Corporation's year-end Financial Statements. Compute Murray's basic earnings...

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Accounting

The following information is reported on Murray Corporation's year-end Financial Statements. Compute Murray's basic earnings per share. Please show all computations. Net Income Preferred Dividends Weighted-Average Common Shares Outstanding The following information is reported on Epic Corporation's year-end Financial Statements. Compute Epic's basic earnings per share. Please show all computations. Net Income Preferred Dividends $ 770,000 N/A - No Preferred Stock 280,000 Weighted-Average Common Shares Outstanding $ $ 900,000 20,000 400,000
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The following information is reported on Murray Corporation's vear end Finandal Staternents. 1 Compute Murray's basic earnings per share. Please show all computations. Net Income $770,000 Preferred Dividends N/A - No Preferred Stock Weighted-Average Common Shares Outstanding 280,000 The following information is reported on Epic Corporation's vear-end Financial Statements. 2 Compute Epic's basic earnings per share. Please show all computations. Net Income Preferred Dividends Weighted-Average Common Shares Outstanding $900,000 $20,000 400,000

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