Question: Sol-Tex has net income of $1,300,000 and 400,000 shares outstanding. It has preferred dividends of $300,000. What are the earnings per share? $0.25 $2.50 $1.86

Sol-Tex has net income of $1,300,000 and 400,000 shares outstanding. It has preferred dividends of $300,000. What are the earnings per share? $0.25 $2.50 $1.86 $4.33

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