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Net income was $200,800 for the year. Throughout the year the company had outstanding 12,000 shares of $3.00, $100 par value preferred stock and 103,000
Net income was $200,800 for the year. Throughout the year the company had outstanding 12,000 shares of $3.00, $100 par value preferred stock and 103,000 shares of common stock.
Required:
Calculate basic earnings per share of common stock for the year. (Round "Earnings per share-basic" to 2 decimal places.)
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
8th Edition
1439821453, 978-1439821459
