Question: Brief Exercise 16-9 Your answer is incorrect. Try again. Blue Corporation had 2017 net income of $906,000. During 2017, Blue paid a dividend of $2

Brief Exercise 16-9 Your answer is incorrect. Try again. Blue Corporation had 2017 net income of $906,000. During 2017, Blue paid a dividend of $2 per share on 48,000 shares of preferred stock. During 2017, Blue had outstanding 300,000 shares of common stock. Compute Blue's 2017 earnings per share. (Round answer to 2 decimal places, e.g. 3.56 Earnings per share 57per share Click if you would like to Show Work for this question: Open Show Work

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