Epic Company earned net income of $900,000 this year. There were 400,000 weighted-average common shares outstanding, and

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Epic Company earned net income of $900,000 this year. There were 400,000 weighted-average common shares outstanding, and preferred shareholders received a $20,000 cash dividend. Compute Epic Company’s basic earnings per share.

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Financial Accounting Information For Decisions

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Authors: John J. Wild

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Epic Company earned net income of $900,000 this year. There were 400,000 weighted-average common shares outstanding, and

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Financial Accounting Information For Decisions

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