Accounting I12) Young Money Cash Money has net sales revenue of $793,000 cost of goods sold of$349,700 net income of $193,200, and preferred dividends of $16,500 during thecurrent year. At the beginning of the year, 477,000 shares of common stock wereoutstanding, and, at the end of the year, 550,000 shares of common stock wereoutstanding. A total of 7,500 preferred shares were outstanding throughout the year.The company's earnings per share for-the current year are closest to:$0.34O$0.86$0.93$1.45Previous QuestionNext