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Throughout the current year, Kietzmann Company had a weighted average of 400,000 common shares outstanding. It reported net income of $1,800,000, common stock dividends of

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Throughout the current year, Kietzmann Company had a weighted average of 400,000 common shares outstanding. It reported net income of $1,800,000, common stock dividends of $200,000, and preferred stock dividends of $300,000. What amount should the company report as current year earnings per common share, rounded to the nearest penny? Select one: a. $3.03 b. $3.40 c. $3.75 d. 63.82 4.ch20_accountin...pptx ch20_accounting...pptx Int O DI 9

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