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Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $5 per share. The

Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $5 per share. The company earned $10,000,000 after taxes. The annual dividend is $0.50 per share. The firm has assets of $125,000,000 and liabilities of $25,000,000. What are the earnings per share for Acme Widget's common stock?

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