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Marcy Company had net income of $ 6 0 , 0 0 0 , paid preferred dividends of $ 3 , 0 0 0 ,

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Marcy Company had net income of $60,000, paid preferred dividends of $3,000, had weighted average number of common shares of 30,000 What is the basic earnings per share?
a. $3.00
b. $2.11
c. $2.00
d. $1.90
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