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CFA Level I Analyzing Income Statements question

Financial Statement Analysis / Analyzing Income Statements

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Analyzing Income Statements sample question

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Financial Statement Analysis

Analyzing Income Statements

Veloria Foods began the year with 600,000 common shares outstanding. On 1 July it executed a 2-for-1 stock split, and on 1 October it repurchased 60,000 shares. Net income for the year is $2,370,000 and the company has no preferred stock. Basic EPS is closest to:

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