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Determine the Oriole earnings per share

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Problem - Oriole Corporation had 2020 net income of $1.7 million. During 2020, Oriole paid a dividend of $3 per share on 96,000 preferred shares. Oriole also had 200,000 common shares outstanding during the year. Determine the Oriole's 2020 earnings per share.

Reference no: EM132723307

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