Question
A corporation has 2000 shares, 10% preferred stock of $65.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the
A corporation has 2000 shares, 10% preferred stock of $65.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $290,000. Calculate earnings per share. (Round your answer to the nearest cent.)
| $46.17 | ||
| $48.33 | ||
| $65.00 | ||
| $145.00 |
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
978-1285429649
