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Calculate the earnings per share of a company with the following information Sales: $200,000 Net Profits: $50,000 Preferred Dividends: $1,000 Common Dividends: $6,000 Common shares

Calculate the earnings per share of a company with the following information

Sales: $200,000

Net Profits: $50,000

Preferred Dividends: $1,000

Common Dividends: $6,000

Common shares outstanding - 12,000 shares

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