Cullumber Corporation had 2020 net income of $1,098,000. During 2020, Cullumber paid a dividend of $2 per share on 265,500 share
s of preferred stock. During 2020, Cullumber had outstanding 189,000 shares of common stock. Compute Cullumber’s 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share
I think the correct answer would be crowdsourcing. It is a practice that involves obtaining certain information from the market or the public. It allows the consumers to suggest and comment on the products a company has. Hope this answers the question.
