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8 June, 06:22

Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an average of 250,000 shares of common stock outstanding. Earning per share rounded to the nearest cent will be:

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  1. 8 June, 08:13
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    1.60

    Explanation:

    ($500,000 - $100,000) / 250,000
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