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What was jen basic earnings per share

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Reference no: EM133162700

Question - Jen Co. had 200,000 shares of common stock and 20,000 shares of 10%, $100 par value cumulative preferred stock. No dividends on common stock were declared during the year. Net income was $2,000,000. What was Jen's basic earnings per share?

Reference no: EM133162700

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