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The White River Wood Company is preparing it's year-end and you have been assigned the responsibility to calculate the Earnings Per Share (EPS) for the
The White River Wood Company is preparing it's year-end and you have been assigned the responsibility to calculate the Earnings Per Share (EPS) for the year. The Chief Accountant has provided you with the following information: The net profit of the company was $75,000. White River Wood Company has 25,000 preferred shares outstanding with a $2.00 non-cumulative dividend rate. The weighted average number of shares outstanding for the year is 20,000. A 3.75 B 1.25 3.00 4.25 E 1.00
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