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Manfred Mann Corporation's books revealed the following data for the current year: Net earnings $50,000 Retained earnings $750,000 Common shares January 1, 25,000 shares Common

Manfred Mann Corporation's books revealed the following data for the current year:

Net earnings $50,000

Retained earnings $750,000

Common shares January 1, 25,000 shares

Common shares December 31, 30,000 shares

The earnings per share is closest to:

Multiple Choice

$1.67
$30.50
$2.00
$1.82

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