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April 20, 2014

Homework Help: Accounting

Posted by TS on Saturday, June 8, 2013 at 2:13pm.

Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is
Answer

$4.00

$5.25

$6.50

$5.00

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