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(Working with the income statement) If the Marifeld Steel Fabrication Company eamed $524,000 in net income and paid a cash dividend of $285,000 to its

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(Working with the income statement) If the Marifeld Steel Fabrication Company eamed $524,000 in net income and paid a cash dividend of $285,000 to its stockholders, what are the firm's earnings per share if the firm has 94,000 shares of stock outstanding? The company's eamings per share are? (Round to the nearest cent.)

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