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If the Marifield Steel Fabrication Company earned $468,000 in net income and paid a cash dividend of $269,000 to its stockholders, what are the firm's

If the Marifield Steel Fabrication Company earned $468,000 in net income and paid a cash dividend of $269,000 to its stockholders, what are the firm's earnings per share if the firm has 110,000 shares of stock outstanding? The company's earnings per share are $____ (Round to the nearest cent.)

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