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In 2020, Sheffield Corporation reported net income of $1,141,200. It declared and paid preferred stock dividends of $263,900. During 2020, Sheffield had a weighted average

In 2020, Sheffield Corporation reported net income of $1,141,200. It declared and paid preferred stock dividends of $263,900. During 2020, Sheffield had a weighted average of 194,300 common shares outstanding. Compute Sheffields 2020 earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Sheffields 2020 earnings per share

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