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A company earned $95,645 in net income and paid cash dividends of $7,400 to preferred shareholders during the current year. The company had 15,900 weighted-average

A company earned $95,645 in net income and paid cash dividends of $7,400 to preferred shareholders during the current year. The company had 15,900 weighted-average shares of common stock outstanding for the year. Calculate the company's basic earnings per share

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