Preferred dividends paid-earnings after taxes

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Farah Snack Co. has earnings after taxes of $150,000. Interest expense for the year was $20,000; preferred dividends paid were $20,000; and common dividends paid were $30,000. Taxes were $22,500. The firm has 100,000 shares of common stock outstanding. Earnings per share on the common stock was: 1) $1.30 2) $1.10 3) $0.75 4) $0.80

Reference no: EM131014251

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