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C. Corporation had 190,000 shares of common stock outstanding during the year . Net income for the year was $ 490,000 . C's effective tax

C. Corporation had 190,000 shares of common stock outstanding during the year . Net income for the year was $ 490,000 . C's effective tax rate is 25 % . What is C's basic EPS ?

1.62

3.38 .

$ 1.78

$ 2.58 .

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