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Calculate the earnings per share of common stock

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Reference no: EM133059203

Question - Based on the following information, calculate the earnings per share of common stock.

Net income $27,000

Preferred dividends $3,000

Number of common shares outstanding 12,000

a. $1.11

b. $2.25

c. $1.30

d. $2.00

Reference no: EM133059203

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