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Question 11 Using the following information compute earnings per share. Net Income $300,000 Common Stock Dividends- $50,000 Preferred Dividends - $40,000 Outstanding shares of Common

Question 11 Using the following information compute earnings per share. Net Income $300,000 Common Stock Dividends- $50,000 Preferred Dividends - $40,000 Outstanding shares of Common Stock -52,000 shares Outstanding shares of Preferred Stock -40,000 shares $5.00 $4.81 $6.50 $6.25

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