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easy · CFA Level I Financial Statement Analysis

An analyst at Oakridge Capital is calculating Basic Earnings Per Share (EPS). The firm has 1,000,000 common shares outstanding for the full year, earned Net Income of 5,000,000, and paid 500,000 in preferred dividends.

Basic EPS is closest to:

  1. 4.50
  2. 5.50
  3. 5.00

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