A corporation has? 3,000 shares,? 10% preferred stock of? $50.00par preferred? stock, and? 6,000 shares of common

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A corporation has? 3,000 shares,? 10% preferred stock of? $50.00par preferred? stock, and? 6,000 shares of common stockoutstanding. The net income for the year is? $290,000. Calculateearnings per share.? (Round your answer to the nearest? cent.)

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Posted Date: May 06, 2024 01:52 AM

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A corporation has? 3,000 shares,? 10% preferred stock of? $50.00par preferred? stock, and? 6,000 shares of common

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