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A company had the following stockholders equity information available at year end. -15,000 Common shares outstanding -25,000 preferred shares outstanding -Paid $56,000 in common stock
A company had the following stockholders equity information available at year end.
-15,000 Common shares outstanding
-25,000 preferred shares outstanding
-Paid $56,000 in common stock dividends
-Paid $45,000 in perferred stock dividends
-Reported net income of $376,457
Calculate the earnings per share for the current year
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