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Calculate sandhill earnings per share

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Reference no: EM132958988

Sandhill Corporation had 2020 net income of $1,105,000. During 2020, Sandhill has not declared or paid any dividend on 107,000 non-cumulative preferred shares. Sandhill also had 170,000 common shares outstanding during the year.

Problem 1: Calculate Sandhill's 2020 earnings per share.

Reference no: EM132958988

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