Calculate Earnings per share on a company’s common stock

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June 7th, 2024

Calculate Earnings per share on a company’s common stock. If a company has net income of $100,000 and they have an average common stock share balance of 10,000 shares and they paid $5,000 in preferred dividend during the year. The earnings per share is:A.$.90B.$10.50C.$9.50D.$10.00

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