In 2020, Novak Corporation reported net income of $ 1,052,400. It declared and paid preferred...

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Accounting

In 2020, Novak Corporation reported net income of $ 1,052,400. It declared and paid preferred stock dividends of $ 274,100. During 2020, Novakhad a weighted average of 193,700 common shares outstanding. Compute Novaks 2020 earnings per share.

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