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Riverbed Corporation had 2020 net income of $777,000. During 2020, Riverbed paid a dividend of $2 per share on 45,500 shares of preferred stock. During
Riverbed Corporation had 2020 net income of $777,000. During 2020, Riverbed paid a dividend of $2 per share on 45,500 shares of preferred stock. During 2020, Riverbed had outstanding 245,000 shares of common stock. Compute Riverbeds 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $enter earnings per share in dollars rounded to 2 decimal places per share
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