Question: QS 1 1 - 2 3 ( Algo ) Basic earnings per share LO A 1 Epic Company earned net income of $ 8 0

QS 11-23(Algo) Basic earnings per share LO A1
Epic Company earned net income of $808,500 this year. There were 350,000 weighted-average common shares outstanding, and preferred shareholders received a $21,000 cash dividend.
Compute Epic Company's basic earnings per share.
\table[[Basic Earnings Per Share],[Choose Numerator:,1,Choose Denominator:,=,Basic EPS],[-,1,,=,Basic EPS],[-,1,,=,per share]]
QS 1 1 - 2 3 ( Algo ) Basic earnings per share LO

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