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Option Rockturn Corporation earned net income of $600,000 and had 90,000 shares of common stock outstanding throug outstanding were 9.000 shares of cumulative prefered stock,
Option Rockturn Corporation earned net income of $600,000 and had 90,000 shares of common stock outstanding throug outstanding were 9.000 shares of cumulative prefered stock, each convertible to five (5) shares of common. The p annual dividend of $12 per share Rocky Road's tax rate is 21% Calculate Rockturn's diluted earnings per share. Express your answer in dollars and cents, rounded to the newest cent o BI S Me S 4 B-B
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