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1.candy corporation had pretax profits of $1.2 million, an average tax rate of 34 percent , and it paid preferred stock dividends of $50,000. There

1.candy corporation had pretax profits of $1.2 million, an average tax rate of 34 percent , and it paid preferred stock dividends of $50,000. There were $100,000 shares outstanding and no interest expense. What were candy corporations earnings per share? A, $4.52 B. $7.59 C.$7.42 D.$3.91

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