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Barbur, Inc. reported net income of $26.6625 million. During the year the average number of common shares outstanding was 3.95 million. The price of a
Barbur, Inc. reported net income of $26.6625 million. During the year the average number of common shares outstanding was 3.95 million. The price of a share of common stock at the end of the year was $5. There were 780,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is noncumulative. The EPS is approximately:
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