100,000 shares of common stock with a total par value of $50,000 (par value of...
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Accounting
100,000 shares of common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued and outstanding for the entirety of the last year. Additional financial information for the corporation is provided below:
| Total Revenues | $1,000,000 |
| Total Expenses | $600,000 |
| Common Dividends | $25,000 |
| Preferred Dividends | $75,000 |
Calculate EPS based on the information provided above.
$9.75
$4.00
$3.25
$9.00
$3.00
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