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A company reports the following: Net income Preferred dividends Shares of common stock outstanding Market price per share of common stock $519151 $50000 78566

A company reports the following: Net income Preferred dividends Shares of common stock outstanding Market price per share of common stock $519151 $50000 78566 $37 I a. Determine the company's earnings per share on common stock. Round your answer to two decimal places.

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