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A company has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $4 per share. The company
A company has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $4 per share. The company earned $13,000,000 after taxes. The annual dividend is $.40 per share. The firm has assets of $141,000,000 and liabilities of $21,000,000. What are the earnings per share for the firm's common stock? $1,300 $13 $130 $13,000,000 $13,000
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