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  1. business
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  3. 2. snow cleaners, inc., had net income of $493,600

2. Snow Cleaners, Inc., had net income of $493,600 for its year ended December 31,...

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Accounting

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2. Snow Cleaners, Inc., had net income of $493,600 for its year ended December 31, 2018. During the year, the company had outstanding 64,000 shares of Preferred Stock at 12% with a $40 par value, and 37,280 shares of common stock with a par value of $10. Calculate the earnings per share of common stock for the year ended December 31, 2018. Show your work

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