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The firm paid out 220000 in cash dividends and it has

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Storico Cleaning, Inc., had additions to retained earnings for the year just ended of $380,000. The firm paid out $220,000 in cash dividends, and it has ending total equity of $5.5 million. If Storico currently has 400,000 shares of common stock outstanding, what are earnings per share?

Reference no: EM13566625

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