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  3. during 2021, the corporation earned $155,000 and t

During 2021, the corporation earned $155,000 and the board declared and paid $30,000 in dividends...

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Accounting

During 2021, the corporation earned $155,000 and the board declared and paid $30,000 in dividends to preferred shareholders. The weighted average number of common shares is 15,500 The market price per each common share is $80.

Earnings per share for 2021 is

Choose... Price-earnings ratio is

Answer & Explanation Solved by verified expert
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