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What are earnings per share for xyz common stockholders

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Reference no: EM13879189

The XYZ Corporation had income before taxes of $700,000 (use a 40 percent tax rate) and paid $140,000 to the preferred stockholders. What are the earnings per share for XYZ common stockholders with 70,000 shares of common stock outstandi ng?

Reference no: EM13879189

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