Calculate earnings per share and comment on the trend

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Reference no: EM131064642

Dicker Company has the following pattern of financial data for Years 1 and 2:

Year 1 Year 2

Net income $ 40,000 $ 42,000

Preferred Stock (5%) $450,000 $550,000

Weighted average number

of common shares outstanding 38,000 38,000

Required Calculate earnings per share and comment on the trend.

Reference no: EM131064642

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