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Artway Corporations net income last year was $200,000. It paid dividends of $50,000 to the owners of the companys preferred stock. A total of 10,000

Artway Corporations net income last year was $200,000. It paid dividends of $50,000 to the owners of the companys preferred stock. A total of 10,000 shares of common stock were outstanding throughout the year. What was the companys earnings per share for the year

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