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If a company has profit of $600,000, common dividends of $78,000, preferred dividends of $120,000 (declared but unpaid), and total common shares of 100,000 ,
If a company has profit of $600,000, common dividends of $78,000, preferred dividends of $120,000 (declared but unpaid), and total common shares of 100,000 , the Earnings per Share would be $6.00. True False
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