Stahl Incorporated reported ($ 605,625) net income in 1990 and declared preferred dividends of ($ 37,500). The
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Stahl Incorporated reported \(\$ 605,625\) net income in 1990 and declared preferred dividends of \(\$ 37,500\). The following changes in common shares outstanding occurred during the year.
Calculate the weighted-average number of common shares outstanding during the year and earnings per share.
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