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For the year ended 31 December 2013, Jammy Jam had a net income of $2,300,000....

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Accounting

For the year ended 31 December 2013, Jammy Jam had a net income of $2,300,000. The company had an average of 200,000 shares of common stock outstanding, 3,000 convertible preference shares. Each preference share pays a dividend of $13 and each is convertible into one share of the companys common stock. What is the diluted EPS?

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