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    Fundamental Accounting Principles Study Set 1
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    Exam 13: Accounting for Corporations
  5. Question
    Robin Company Had Net Income of $67,000
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Robin Company Had Net Income of $67,000

Question 163

Question 163

True/False

Robin Company had net income of $67,000. The company had 9,000 weighted average common shares outstanding. The basic earnings per share equal $7.44 per share.

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