Keanu Inc. has net income of $200,000, average shares of common stock outstanding of 40,000,...

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Accounting

Keanu Inc. has net income of $200,000, average shares of common stock outstanding of 40,000, and preferred dividends for the period of $20,000. What is Keanus earnings per share of common stock? (Round answer to 2 decimal places, e.g. 15.25.)

Keanu's earnings per share= $__________

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