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A company reports the following: Net income $517,100 Preferred dividends $38,300 Shares of common stock outstanding 60,000 Market price per share of common stock $23.14
A company reports the following:
| Net income | $517,100 | |
| Preferred dividends | $38,300 | |
| Shares of common stock outstanding | 60,000 | |
| Market price per share of common stock | $23.14 |
Determine the company's earnings per share on common stock. Round your answer to the nearest cent.
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Introductory Accounting A Measurement Approach For Managers
Authors: Daniel P. Tinkelman
1st Edition
9781138956216
