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Wendell Corporation reported net income for the current year of $800,000. Wendell had 5,000 shares...

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Accounting

Wendell Corporation reported net income for the current year of $800,000. Wendell had 5,000 shares of $100 par value, 10% preferred stock outstanding and 40,000 shares of $1 par value common stock outstanding for the entire year. Earnings per share is: Question 40 options: $16.67. $20.00. $17.77. $18.75.

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