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Saved Rudyard Corporation had 210,000 shares of common stock and 21,000 shares of 6%, $100 par convertible preferred stock outstanding during the year. Net income

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Saved Rudyard Corporation had 210,000 shares of common stock and 21,000 shares of 6%, $100 par convertible preferred stock outstanding during the year. Net income for the year was $510,000 and dividends were paid to both common and preferred shareholders. Rudyard's effective tax rate is 25%. What is Rudyard's basic EPS? Multiple Choice $1.66. $3.03 $2.43 $1.83. www 8 of 12 Next > O O

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