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Calculate the company's earnings per share on common stock. Round your answer to the nearest cent A company reports the following: Net income Preferred dividends

Calculate the company's earnings per share on common stock. Round your answer to the nearest cent

A company reports the following: Net income Preferred dividends Shares of common stock outstanding Market price per share Of common stock $687,710 $50,940 37,000 $49.91 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.

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