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Allard Corporation had 6 0 , 0 0 0 shares ofcumulative preferred stock. and 8 1 . 0 0 0 shares ofpar common stock outstanding
Allard Corporation had shares ofcumulative preferred stock. and shares ofpar common stock outstanding throughout the year. Net income for the year was, and Allard declared and distributed a cash dividend ofper share on its common stock. What was the companys earnings per share of common stock? Notes Round your anower to two decimal points.
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