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$3.00 Ace Industries has Net Income of $30,000. Dividends of $5,000 have been paid to preferred stockholders. The weighted average shares of common stock outstanding

$3.00 Ace Industries has Net Income of $30,000. Dividends of $5,000 have been paid to preferred stockholders. The weighted average shares of common stock outstanding is 10,000 shares. $2.50 What is the earnings per share? $3.50 $2.00 I DON'T KNOW YET submit

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