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Ziegler Corporation reports net income of $225,000and a weighted-average of150,000shares of common stock outstanding for the year. Compute the earnings per share of common stock.

Ziegler Corporation reports net income of $225,000and a weighted-average of150,000shares of common stock outstanding for the year.

Compute the earnings per share of common stock.(Round answer to 2 decimal places, e.g. 2.25.)

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