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1 2 A stock is currently selling for $30 per share, representing a price increase of $3 for the year, and there are 1 million
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A stock is currently selling for $30 per share, representing a price increase of $3 for the year, and there are 1 million shares outstanding. The company recently reported net income of $5.6 million. The annual dividend per share is $1. What is the company's earnings per share? $1.00 per share 10.00% per share $5.60 per share $6.60 per share A stock is currently selling for $30 per share, representing a price increase of $3 for the year, and there are 1 million shares outstanding. The company recently reported net income of $5.6 million. The annual dividend per share is $1. What is the company's earnings per share? $1.00 per share 10.00% per share $5.60 per share $6.60 per shareStep by Step Solution
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