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Guess Company reports $648,500 of net income for 2011 and declares $102,500 of cash dividends on its preferred stock for 2011. At the end of

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Guess Company reports $648,500 of net income for 2011 and declares $102,500 of cash dividends on its preferred stock for 2011. At the end of 2011, the company had 260,000 weighted-average shares of common stock. What amount of net income is available to common stockholders for 2011 ? What is the company's basic EPS for 2011

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