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The Apex Company provided the following information from its financial records: Net income $270,000 Common shares outstanding 1/1 395,000 Common stock dividends $ 24,000 Common
The Apex Company provided the following information from its financial records:
Net income | $270,000 | Common shares outstanding 1/1 | 395,000 |
Common stock dividends | $ 24,000 | Common shares outstanding 12/31 | 455,000 |
Preferred stock dividends | $ 27,000 | Preferred shares outstanding 1/1 | 24,000 |
Sales | $940,000 | Preferred shares outstanding 12/31 | 20,000 |
What is the amount of the company's earnings per share? (Round your final answer to 2 decimal places.)
$0.71
$0.64
$28.72
$0.57
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