In 2015, Hollis Corporation reported net income of $1,000,000. It declared and paid preference dividends of $250,000.

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In 2015, Hollis Corporation reported net income of $1,000,000. It declared and paid preference dividends of $250,000. During 2015, Hollis had a weighted average of 190,000 ordinary shares outstanding.

Compute Hollis’s 2015 earnings per share.

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Related Book For  answer-question

Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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