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June Corporation had net income of $ 3 4 5 , 0 0 0 , 1 , 5 0 0 , 0 0 0 common
June Corporation had net income of $ common shares outstanding, and no preferred shares. Neptune Corporation had net income of $ common shares outstanding, and preferred shares entitled to a $ dividend when declared. Which of the following statements is true:Select one: a Neptune and June have substantially similar earnings per share b Neptune's basic earnings per share exceeds June's basic earnings per share by cents per share c June's basic earnings per share is times higher than Neptune's basic earnings per share d Neptune's preferred shareholders are better off than their common shareholders
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