What are firm earnings per share

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Reference no: EM131825884

If the Merrifield Steel Fabrication company earned $470,000 in net income and paid a cash dividend of $274,000 to its stockholders, what are the firm's earnings per share if the firm has 103,000 shares of stock outstanding?

The company's earnings per share are $________. (Round to the nearest cent.)

Reference no: EM131825884

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