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Mayan Company had net income of $33,480. The weighted-average common shares outstanding were 9,300. The company declared a $4,000 dividend on its noncumulative preferred stock.
Mayan Company had net income of $33,480. The weighted-average common shares outstanding were 9,300. The company declared a $4,000 dividend on its noncumulative preferred stock. There were no other stock transactions. The company's basic earnings per share is: $4.03, $3.17, $3.60, $3.78, or $2.92.
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