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Calculate the company earnings per share on common stock

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Reference no: EM133064625

Question - A company reports the following:

Net income $595,000

Preferred dividends $44,070

Shares of common stock outstanding 37,000

Market price per share of common stock $43.18

Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.

Reference no: EM133064625

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