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In 2020,Cullumber Companyreported net income of $226000. It declared and paid common stock dividends of $24000and had a weighted average of100000common shares outstanding. Compute the
In 2020,Cullumber Companyreported net income of $226000. It declared and paid common stock dividends of $24000and had a weighted average of100000common shares outstanding. Compute the earnings per share to the nearest cent.
$2.02
$2.26
$2.50
$0.48
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