Need Help! Thank you! Net income was $262,000 for the year. Throughout...
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Accounting
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Net income was $262,000 for the year. Throughout the year the company had outstanding 19,000 shares of $250, S50 par value preferred stock and 110,000 shares of common stock Required: Calculate basic earnings per share of common stock for the year (Round "Earnings per share-basic" to 2 decimal places.) Net income available for common stockholders Number of common share outstanding Earnings per share-basic
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