Question: Current Attempt in Progress Nash Inc. presented the following data. Net income $2,564,320 Preferred stock: 47,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,700,000

Current Attempt in Progress Nash Inc. presented the following data. Net

Current Attempt in Progress Nash Inc. presented the following data. Net income $2,564,320 Preferred stock: 47,000 shares outstanding, \$100 par, 8% cumulative, not convertible 4,700,000 Common stock: Shares outstanding 1/1 777,600 Issued for cash, 5/1 292,800 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $ eTextbook and Media Save for Later Attempts: unlimited Submit

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