Question 38 During the current year, Moore Corp had the following classes of stock issued and outstanding for the entire year two common stock This stock saumulative, wheeher or not earned, and no presared 100,000 shares of common stock, $1 par share for share into 1,000 shares of 4% preferred stock, $100 par, convertible Moore's current are in arrears. was 30% Dautodearnings per share (DEPs) for the curent year are year net income was $900,000, and its income tax rate for the year $9.00 B) $8.96 C) $8.91 D) $8.87