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Please explain how to complete this? I do not understand. Question 3 (1 point) Excel Corporation had net earnings of $500,000. It paid $125,000 in
Please explain how to complete this? I do not understand.
Question 3 (1 point) Excel Corporation had net earnings of $500,000. It paid $125,000 in dividends to the preferred shareholders. Excel Corporation had a weighted average of 1,500,000 common shares and 250,000 preferred shares. Excel Corporation's earnings per share was: $0.21 $0.33 $0.29 $0.25 Question 4 (1 point) Domus Realty Limited has 20,000 common shares issued and outstanding at January 1, 20X4. On July 1, the company sold an additional 10,000 common shares for proceeds of $100,000. Net income for the year was $30,000. What would the earnings per share be? $1.20 $1.00 $3.33 $4.00Step by Step Solution
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