Question: QS 11-22 (Algo) Basic earnings per share LO A1 Murray Company reports net income of $770,000 for the year. It has no preferred stock, and

QS 11-22 (Algo) Basic earnings per share LO A1 Murray Company reports net income of $770,000 for the year. It has no preferred stock, and its weighted-average common shares outstanding is 350,000 shares. Compute its basic earnings per share

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