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Home Q & A Board Other Fields Homework Help Business Accounting
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Jimmyhighroller Jimmyhighroller
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A month ago
Barber Industries reported net sales of $92,000, net income of $32,000, dividends paid to preferred stockholders of $7,000, and dividends paid to common stockholders of $10,000. The average number of shares outstanding is 5,000. What is the earnings per share?

▸ $16.40

▸ $6.40

▸ $18.40

▸ $5.00
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Managerial Accounting

Managerial Accounting


Edition: 4th
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ryan_navarro5ryan_navarro5
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A month ago
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$5.00

($32,000 - $7,000) ÷ 5,000 shares = $5.00/share
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Jimmyhighroller Author
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A month ago
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Thank you, thank you, thank you!
Zacellison
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Brilliant ツ
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