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Amy Dyken, controller at Fitzgerald Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related disclosure for Fitzgerald's financial statements. Below is selected financial information for the fiscal year ended June 30, 2012.
The following transactions have also occurred at Fitzgerald.
For the fiscal year ended June 30, 2012, calculate the following for Fitzgerald Pharmaceutical Industries. (round to 2 decimal places)
A. Basic earnings per share.
B. Diluted earnings per share.
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