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    Business Essentials Study Set 3
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    Exam 11: Understanding Accounting
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    At Ex-Pro, Operating Income Is $80,000 and the Number of Common
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At Ex-Pro, Operating Income Is $80,000 and the Number of Common

Question 64

Question 64

True/False

At Ex-Pro, operating income is $80,000 and the number of common shares outstanding is 40 000. This means that earnings per share is $2.00.

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