The poe corporation has 50000 shares of common stock

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The Poe Corporation has 50,000 shares of common stock outstanding. Net income for the year was $142,000. Poe declared and paid preferred stock dividends of $16,000 during the year. Calculate earnings per share for the year. a) $3.16 b) $2.84 c) $2.52 d) $ .32 explain

Reference no: EM13612338

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