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Business, 04.05.2021 01:10 jmwmarshall

Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway declared and paid $4,125 in cash dividends on its nonconvertible preferred stock. Flyaway also paid $30,000 cash dividends on its common stock. Flyaway had 60,000 common shares outstanding from January 1 until 30,000 new shares were sold for cash on April 1, 2021. What is 2021 basic earnings per share

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Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway...
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