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A company reports the following: Net income $250,000 Preferred dividends $ 10,000 Shares of common stock outstanding 20,000 Market price per share of common stock
A company reports the following:
| Net income | $250,000 |
| Preferred dividends | $ 10,000 |
| Shares of common stock outstanding | 20,000 |
| Market price per share of common stock | $35.00 |
Determine the companys earnings per share on common stock.
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Auditing Principles And Practice
Authors: Kumar And Sharma
3rd Edition
8120350987, 9788120350984
