Hudson Lake Company has preferred dividends of ($ 15,000), a net income of ($ 40,000), and average

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Hudson Lake Company has preferred dividends of $\$ 15,000$, a net income of $\$ 40,000$, and average common shares outstanding of 8,000 . What is Hudson's earnings per share?

a. $\$ 2.67$

b. $\$ 5.00$

c. $\$ 3.13$

d. $\$ 2.13$

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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Question Posted: Jun 10, 2024 01:26 AM

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Hudson Lake Company has preferred dividends of ($ 15,000), a net income of ($ 40,000), and average

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Cornerstones Of Financial Accounting

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