Determine the eps with preferred dividend value

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Bueno Italian Restaurant acquired the following financial data in years 2009 and 2010:

Financial Data                                           2009                            2010

Net Income                                  $234,500                        $256,740

Preferred Dividends Value                   $11,000                      $11,400

Common Shares Outstanding                  98,000                  103,000

Question 1: Based on the financial data presented the table above, determine the EPS with preferred dividend value for Bueno Italian Restaurant in 2010.

Reference no: EM132540841

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