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Business, 07.05.2020 03:02 uh8hardiek

Donnell Corp. had 100,000 shares of 8% preferred stock, $100 par, and 500,000 shares of $1 par common stock outstanding throughout the year. Net income for the year was $4,800,000, and Donnell declared and distributed a cash dividend of $4 per share on its common stock. Earnings per share amounted to:

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Donnell Corp. had 100,000 shares of 8% preferred stock, $100 par, and 500,000 shares of $1 par commo...
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