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QS 11-15 Basic earnings per share LO A1 Epic Company earned net income of $892,500 this year. The number of common shares outstanding during the

QS 11-15 Basic earnings per share LO A1 Epic Company earned net income of $892,500 this year. The number of common shares outstanding during the entire year was 370,000, and preferred shareholders received a $23,000 cash dividend

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