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A company has net income of $90,000; it has no preferred shares. The company has 30,000 authorized common shares, 2,000 treasury stock shares and 18,000

A company has net income of $90,000; it has no preferred shares. The company has 30,000 authorized common shares, 2,000 treasury stock shares and 18,000 weighted average common shares outstanding. Its basic EPS equals:

A) 5

B) 3

C) 3.21

D) 5.53

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