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  3. unique corp. had 70,000 shares of $7 preferred sto

Unique Corp. had 70,000 shares of $7 preferred stock, $100 par, and 120,000 shares of...

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Accounting

Unique Corp. had 70,000 shares of $7 preferred stock, $100 par, and 120,000 shares of $1 par common stock outstanding throughout the year. Net income for the year was $760,000, and Unique declared and distributed a cash dividend of $6.0 per share on its common stock. Earnings per share amounted to:

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