About the earnings per share

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The Georgia Peach Company had a net income of $72,600 and preferred dividends of $5,400. Common shares outstanding during the year were 30,000, and this number did not change during the year. The Georgia Peach Company had earnings per share of:

A $2.42

B $2.24

C $2.60

D $.41

Reference no: EM13866582

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