Question
A company reports the following: Net income $180,000 Preferred dividends $10,000 Shares of common stock outstanding 25,000 Market price per share of common stock $35
A company reports the following:
| Net income | $180,000 |
| Preferred dividends | $10,000 |
| Shares of common stock outstanding | 25,000 |
| Market price per share of common stock | $35 |
| The companys earnings per share on common stock is
|
|
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Managing Financial Resources
Authors: Mick Broadbent, John Cullen
3rd Edition
1138134546, 978-1138134546
