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Kalin corporation had 2010 net income

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1. Kalin Corporation had 2010 net income of $1,000,000. During 2010, Kalin paid a dividend of $2 per share on 100,000 shares of preferred stock. During 2010, Kalin had outstanding 250,000 shares of common stock. Compute Kalin's 2010 earnings per share. 

Reference no: EM131107873

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