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During 2019, Hilton Company had 50,000 shares of $30 par value common stock and $50,400 preferred stock outstanding. Hilton Companys 2019 net income was $1,350,000.

  1. During 2019, Hilton Company had 50,000 shares of $30 par value common stock and $50,400 preferred stock outstanding. Hilton Companys 2019 net income was $1,350,000.

Compute earnings per share for 2019.

  1. 21.89
  2. 20.19
  3. 29.99
  4. 25.99

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