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Compute pronghorn earnings per share

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Question - Pronghorn Corporation had 2020 net income of $906,000. During 2020, Pronghorn paid a dividend of $2 per share on 48,000 shares of preferred stock. During 2020, Pronghorn had outstanding 300,000 shares of common stock. Compute Pronghorn's 2020 earnings per share.

Reference no: EM133088079

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