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In 2020, Vaughn Corporation reported net income of $1,054,300. It declared and paid preferred stock dividends of $275,000. During 2020, Vaughn had a weighted
In 2020, Vaughn Corporation reported net income of $1,054,300. It declared and paid preferred stock dividends of $275,000. During 2020, Vaughn had a weighted average of 207,600 common shares outstanding. Compute Vaughn's 2020 earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.48.) Vaughn's 2020 earnings per share $
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