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need help urgently Dooley Co. had 200,000 shares of common stock and 20,000 shares of preferred stock outstanding during 2021. During 2021. Dooley declared dividends
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Dooley Co. had 200,000 shares of common stock and 20,000 shares of preferred stock outstanding during 2021. During 2021. Dooley declared dividends of $1.20 per share on the common stock and $3.00 per share on the preferred stock. The net income for 2021 was $600,000. Basic earnings per share for 2021 is (rounded to to decimal places): O $3.00 $2.50 $2.73 O $2.70 Step by Step Solution
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