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borishaifa [10]
3 years ago
14

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:
Business
1 answer:
Nataly [62]3 years ago
3 0

Answer:

1.60

Explanation:

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

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