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Exercise 9 . 1 5 Calculate basic EPS Mechforce, Inc. had net income of $ 1 5 1 , 8 0 0 for the year
Exercise Calculate basic EPS Mechforce, Inc. had net income of $ for the year ended December At the beginning of the year, shares of common stock were outstanding. On April an additional shares were issued. L Lo paid the annual dividend on the shares of $ par value preferred stock that were outstanding the entire year.
Required:
Calculate basic earnings per share of common stock for the year ended December
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