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Find the company earnings per share on common stock

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Reference no: EM132795895

Question - A company reports the following:

Net income $160,000

Preferred dividends $10,000

Shares of common stock outstanding 20,000

Market price per share of common stock $35

Required - Find the company earnings per share on common stock?

a. $7.50

b. $35.00

c. $13.33

d. $8.50

Reference no: EM132795895

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