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ABG Corporation reports the following information: Net income $115,000 Dividends on preference shares 10,000 Dividends on ordinary shares 5,000 Shares outstanding 50,000 ABC should report

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ABG Corporation reports the following information: Net income $115,000 Dividends on preference shares 10,000 Dividends on ordinary shares 5,000 Shares outstanding 50,000 ABC should report earnings per share of O A. $2.00 B. $2.30 C. $2.20 D. $2.10

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