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Alphonse Inc. has a return on equity of 23 percent, 60,000 shares of stock outstanding, and a net income of $161,000. What are earnings per

Alphonse Inc. has a return on equity of 23 percent, 60,000 shares of stock outstanding, and a net income of $161,000. What are earnings per share? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

EPS $

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