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September 3, 2015

Homework Help: Accounting

Posted by Mike on Sunday, June 9, 2013 at 2:06pm.

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. Samuelsí earnings per share for 2011 is

A.$4.00

B.$5.25

C.$6.50

D.$5.00

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