Allard Corporation had 9 0 , 0 0 0 shares of $ 2 cumulative preferred stock, and
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Question:
Allard Corporation had shares of $ cumulative preferred stock, and shares of $ par common stock outstanding throughout the year. Net income for the year was $ and Allard declared and distributed a cash dividend of $ per share on its common stock. What was the companys earnings per share of common stock?
Note: Round your answer to two decimal points.
Related Book For
Differential Equations And Linear Algebra
ISBN: 9780134497181
4th Edition
Authors: C. Edwards, David Penney, David Calvis
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