Question: Calculate the Diluted EPS: Given: Net Income =$200,000; Average Common Shares Outstanding =50,000; Convertible Preferred Shares =5,000 (each convertible into 2 common shares)

Calculate the Diluted EPS:

Given: Net Income =$200,000; Average Common Shares Outstanding =50,000;

Convertible Preferred Shares =5,000 (each convertible into 2 common shares)

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