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Practice Question 19 Loads Limited's net income for the year ending December 31, 2020 was $900,000. Loads Limited had 100,000 common shares outstanding on

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Practice Question 19 Loads Limited's net income for the year ending December 31, 2020 was $900,000. Loads Limited had 100,000 common shares outstanding on January 1, 2020. On July 1, 2020, Loads Limited issued 20,000 more shares. Loads Limited paid preferred dividends totalling $100,000 to its preferred shareholders during 2020. Loads Limited's earnings per share for 2020 is O $7.27. $7.50. $8.18. $9.00. Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER

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