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8y.Farrah Inc. presented the following data 2014 Net income 10% preferred stock (not cumulative) Common stock: 1/1: 3/1: 7/1: 750 shares outstanding 750 shares issued
8y.Farrah Inc. presented the following data 2014 Net income 10% preferred stock (not cumulative) Common stock: 1/1: 3/1: 7/1: 750 shares outstanding 750 shares issued in a 2-for-1 stock split 600 shares treasury stock acquired 12/1: 240 shares issued for cash Preferred dividends paid totaled $200. The denominator to be used in Basic EPS is: Select one: a. 1,280 b. 1,095 c. 1,820 d. 1,220 e. 1,140 $3,000 $2,000
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