Weygandt, Financial & Managerial Accounting, 2e Help I iystem Announcements PRINTER VERSION 1 BACK NEXT l Question 19 (a) Lippert Inc. has net income of $160,000, weighted-average shares of common stock outstanding of 50,000, and preferred dividends for the period of $40,000. What is Lippert's earnings per share of common stock? (Round answer to 2 decimalI places, e.g. 15.25.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 1 used SAVE FOR LATER Earn Maximum Points available only if you 0 answer this question correctly in your first attempt