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Archer Company had net income of exist69, 400 last year. The company has 6, 200 shares of common stock and 3, 700 shares of preferred
Archer Company had net income of exist69, 400 last year. The company has 6, 200 shares of common stock and 3, 700 shares of preferred stock outstanding. There was no change in the number of common or preferred shares outstanding during the year. Preferred dividends were exist2 per share. The earnings per share of common stock was: exist10.60 exist8.00 exist10.00 exist16.76
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