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Fall Company has net income of $300,000; paid preferred dividends of $50,000; had $4,000,000 of average common stockholders ' equity; and 100,000 average common shares
Fall Company has net income of $300,000; paid preferred dividends of $50,000; had $4,000,000 of average common stockholders ' equity; and 100,000 average common shares outstanding . The earnings per share are A ) $ 2.50 B) $3.00 C) $3.50 D ) $6.25 E) none of the above
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