Question
Mayan Company had net income of $32,980. The weighted-average common shares outstanding were 9,700. The company declared a $4,400 dividend on its noncumulative, nonparticipating preferred
Mayan Company had net income of $32,980. The weighted-average common shares outstanding were 9,700. The company declared a $4,400 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. What is thecompany's earnings per share :
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
