For 2010 Stone land Corporation reported net income ($ 26,000); net sales ($ 400,000); and average shares

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For 2010 Stone land Corporation reported net income $\$ 26,000$; net sales $\$ 400,000$; and average shares outstanding 6,000 . There were preferred stock dividends of $\$ 2,000$. What was the 2010 earnings per share?

(a) $\$ 4.00$

(b) $\$ 0.06$

(c) $\$ 16.67$

(d) $\$ 66.67$

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Accounting Tools For Business Decision Making

ISBN: 9780470377857

3rd Edition

Authors: Paul D. Kimmel

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Question Posted: May 12, 2024 04:01 AM

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For 2010 Stone land Corporation reported net income ($ 26,000); net sales ($ 400,000); and average shares

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Accounting Tools For Business Decision Making

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