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Calculate Hedley earnings per share

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Reference no: EM133042583

Question - Hedley Corporation had 2017 net income of $1.4 million. During 2017, Hedley paid a dividend of $5 per share on 100,000 preferred shares. Hedley also had 220,000 common shares outstanding during the year. Calculate Hedley's 2017 earnings per share.

Reference no: EM133042583

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