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Oregon, Inc., reported net income of $105,000. During the current year, the company had 5,000...

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Accounting

Oregon, Inc., reported net income of $105,000. During the current year, the company had 5,000 shares of $100 par, 5% preferred stock and 10,000 shares of $5 par common stock outstanding. Oregon's earnings per share is
a. $18.00
b. $5.08
c. $5.00
d. $8.00
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