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Norling Corporation reports the following information: Net income $750,000 Dividends on common stock 210,000 Dividends on preferred stock 90,000 Weighted average common shares outstanding 200,000
Norling Corporation reports the following information: Net income $750,000 Dividends on common stock 210,000 Dividends on preferred stock 90,000 Weighted average common shares outstanding 200,000 Norling should report earnings per share of
$2.25. | ||
$2.70 | ||
$3.30. | ||
$3.75. |
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