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Dover River Company has current operating profit of $290,000 before taxes. Interest expense is $15,000, dividends paid on preferred shares were $24,500, and common
Dover River Company has current operating profit of $290,000 before taxes. Interest expense is $15,000, dividends paid on preferred shares were $24,500, and common dividends paid of $36,000. The company paid taxes of $70,500. The company has 30,000 outstanding common shares. a. Calculate the EPS and common dividends per share. (Round the final answers to 2 decimal places.)
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