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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

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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 earned $14,000,000 after taxes. The annual dividend is $.60 per share. The firm has assets of $148,000,000 and liabilities of $22,000,000. What are the earnings per share for the firm's common stock? Multiple Choice $1,400 $14 $140 $14,000,000

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