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jayden19
Mar 6, 2008, 06:18 AM
A company had a net income of 30000. On january 1, the number of shares of common stock outstanding was 8000. On April 1, the company issued an additional 2000 shares of common stock. The company declared a 2700 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is?