Question
Question text Hayslett Company had net income of $300,000. The weighted-average common shares outstanding were 100,000. The company declared a $30,000 dividend on its noncumulative
Question text Hayslett Company had net income of $300,000. The weighted-average common shares outstanding were 100,000. The company declared a $30,000 dividend on its noncumulative preferred stock. There were no other stock transactions. The company's earnings per share is:
Select one: a. $3 b. $2.7 c. $3.75 d. $3.41
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
