Hedley Corporation had 2017 net income of $1.4 million. During 2017, Hedley paid a dividend of $5
Question:
Hedley Corporation had 2017 net income of $1.4 million. During 2017, Hedley paid a dividend of $5 pershare on 100,000 preferred shares. Hedley also had 220,000 common shares outstanding during the year. CalculateHedley's 2017 earnings per share.
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