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    Fundamental Accounting Principles Study Set 1
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    Exam 13: Accounting for Corporations
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    If a Company Has No Preferred Stock, Basic Earnings Per
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If a Company Has No Preferred Stock, Basic Earnings Per

Question 206

Question 206

True/False

If a company has no preferred stock, basic earnings per share is equal to net income divided by the number of weighted average common shares outstanding.

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