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Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $600,000, (b) $800,000, and (c)

Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $600,000, (b) $800,000, and (c) $1,200,000.

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Domanico Co ., which produces and sells biking equipment , is financed as follows : Bonds payable, 696 (issued at face amount ! 55,000, 000 Preferred 52.00 stock, 5100 par 5,000, 000 Common stock , 525 par 5,000, 000 Income tax is estimated at Any of income

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