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Multiple-Choice Exercise 12-38 Hudson Company has preferred dividends of $15,000, a net income of $40,000, and average common shares outstanding of 8,000. What is Hudson's

Multiple-Choice Exercise 12-38 Hudson Company has preferred dividends of $15,000, a net income of $40,000, and average common shares outstanding of 8,000. What is Hudson's earnings per share? a $5.00 b. $2.13 $2.67 d. $3.13

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