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7 December, 10:19

Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an average of 250,000 shares of common stock outstanding. Earning per share rounded to the nearest cent will be:

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  1. 7 December, 10:42
    0
    1.60

    Explanation:

    ($500,000 - $100,000) / 250,000
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