In 2020, Novak Corporation reported net income of $1,052,400. It declared and paid preferred stock dividends of $274,100. During 2020, Novak had a weighted average of 193,700 common shares outstanding. Compute Novak’s 2020 earnings per share. (Round earnings per share to 2 decimal places, e. g. 1.48.)

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.