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Question 3 (5 points) Winston Corporation had 400,000 shares of common stock outstanding during the year. Winston declared and paid cash dividends of $200,000
Question 3 (5 points) Winston Corporation had 400,000 shares of common stock outstanding during the year. Winston declared and paid cash dividends of $200,000 on the common stock and $160,000 on the preferred stock. Net income for the year was $880,000. What is Winston's earnings per share?
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul Copley
12th edition
0078025818, 978-0078025815
