What the company earnings per share on common stock is

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Problem 1: A company reports the following:

Net income $160,000

Preferred dividends $10,000

Shares of common stock outstanding 20,000

Market price per share of common stock $35

The company's earnings per share on common stock is:

Option a. $7.50

Option b. $13.33

Option c. $35.00

Option d. $8.50

Problem 2: On a common-sized balance sheet, 100% is:

Option a. total current assets.

Option b. total liabilities.

Option c. total assets.

Option d. total property, plant, and equipment.

Reference no: EM132612468

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