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Jameson Corp has net income of $200,000 and paid $20,000 in dividends to preferred shareholders...

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Finance

Jameson Corp has net income of $200,000 and paid $20,000 in dividends to preferred shareholders and $35,000 to common stockholders. At the beginning of the year, there were 20,000 shares of common shares outstanding. 4,000 shares were issued on 7/1, and 3,000 were repurchased on 10/1. What was Jamesons basic EPS?

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