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rect! A corporation reported net income of $30,000; net sales $400,000; beginning common shares outstanding of 14,000 and ending common shares outstanding of 18,000. There

rect! A corporation reported net income of $30,000; net sales $400,000; beginning common shares outstanding of 14,000 and ending common shares outstanding of 18,000. There were no preferred dividends. What is its earnings per share (rounded to two decimal places)? $1.88 $1.75 $1.67 $0.08 $0.53 A

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