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A company reports the following: Net income$150,000 Preferred dividends$10,000 Shares of common stock outstanding20,000 Market price per share of common stock$35.00 Determine the company's earnings
A company reports the following:
Net income$150,000
Preferred dividends$10,000
Shares of common stock outstanding20,000
Market price per share of common stock$35.00
Determine the company's earnings per share on common stock.
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