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Financial Accounting Final - Part 3 of 4!
SAMPLE
This is a sample practice set. In order to have a more personalized exam prep experience:
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14. Financial Statement Analysis / Ratios: Earnings Per Share (EPS) / Problem 7
Problem 7

Calculate the basic EPS for a company with a net income of \$800,000, preferred dividends of \$100,000, and 400,000 shares of common stock outstanding.