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Compute earnings per share

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Question - NuCorp presented the following data.

Net income 5,800,000

Bonds: 10%, $750,000 par value 738,500

Preferred stock: 100,000 shares outstanding, $100 par, 8% cumulative, not convertible 10,000,000

Common stock: Shares outstanding 1/1 500,000

Issued for cash, 4/1 Issued 40% stock dividend, 10/1 800,000

Instructions - Compute earnings per share.

Reference no: EM132482179

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