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Question
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company declared a $27,000 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:A.$1.65.
B.$1.99.
C.$1.31.
D.$0.34.
E.$4.89.
Answer
This answer is hidden. It contains 145 characters.
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