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need help? Windsor Inc presented the following data. Net income $2,608,260 Preferred stock: 51.000 shares outstanding $100 par, 7% cumulative, not convertible 5,100,000 Common stock:
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Windsor Inc presented the following data. Net income $2,608,260 Preferred stock: 51.000 shares outstanding $100 par, 7% cumulative, not convertible 5,100,000 Common stock: Shares outstanding 1/1 686,400 Issued for cash, 5/1 321.600 Acquired treasury stock for cash, 8/1 160,800 2.for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, eg. 2.55) Earnings per share Step by Step Solution
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