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Calculate basic earnings per share

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Question - Can someone share the how you would calculate Basic Earnings per share with the following information? 

Net Income of 10,000,000

Preferred Stock - (20,000 shares authorized, 10,000 issued, 5%, $100 par value)  ---  $1,000,000

Common Stock - (1,000,000 shares authorized, 750,000 issued, $2 par) ---- $1,500,000

Reference no: EM132889252

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