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02 E17.8 Pearson Corporation has 1,000,000 shares of common stock authorized, 60,000 shares common stock issued, and 50,000 shares of common stock outstanding. It also

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02 E17.8 Pearson Corporation has 1,000,000 shares of common stock authorized, 60,000 shares common stock issued, and 50,000 shares of common stock outstanding. It also has 90,000 of $100 par value, 4 percent preferred stock authorized, and 10,000 shares of preferred stock issued and outstanding. Determine the earnings per share for common stock for 2019 if net income is $350,000. 02 E17.9 Cox Enterprises had 1,000,000 shares of $1 par common stock authorized with 210,000 shares of common stock issued and 200,000 outstanding on

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