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ans The stockholders' equity section of Vaughn Corporation appears below as of December 31, 2025. Net income for 2025 reflects a total effective tax rate
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The stockholders' equity section of Vaughn Corporation appears below as of December 31, 2025. Net income for 2025 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $19,440,000 (before tax) as a result of a non-recurring major casu Preferred stock dividends of $388,800 were declared and paid in 2025 . Dividends of $1,080,000 were declared and paid to common stockholders in 2025 . Compute earnings per share data as it should appear on the income statement of Vaughn Corporation. (Round answers to 2 decimal places, e.g. 1.48.)Step by Step Solution
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