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Question 3 5 pts Candy Corporation had pretax profits of $1.2 million, an average tax rate of 30 percent, and it paid preferred stock dividends

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Question 3 5 pts Candy Corporation had pretax profits of $1.2 million, an average tax rate of 30 percent, and it paid preferred stock dividends of $20,000. There were 50,000 shares outstanding and $150,000 interest expense. What was Candy Corporation's earnings per share? $8.50 $15.22 $16.40 $9.90

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