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Earnings Per Share (EPS) Calculation: Requirements: Calculate the earnings per share using the following information: Net Income: $100,000 Preferred Dividends: $20,000 Average Number of Common

Earnings Per Share (EPS) Calculation:

  • Requirements: Calculate the earnings per share using the following information:
    • Net Income: $100,000
    • Preferred Dividends: $20,000
    • Average Number of Common Shares Outstanding: 30,000

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