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Based on the following information, what is earnings per share? Preferred stock dividend $20,000 Net income $240,000 Weighted average common shares outstanding 100,000 $3.00 $2,20

Based on the following information, what is earnings per share? Preferred stock dividend $20,000 Net income $240,000 Weighted average common shares outstanding 100,000 $3.00 $2,20 $2.00 $1.50

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