Business, 21.11.2019 01:31 beard4

At december 31, 2017 and 2018, funk & noble corporation had outstanding 1,000 million shares of common stock and 13 million shares of 4%, $100 par value cumulative preferred stock. no dividends were declared on either the preferred or common stock in 2017 or 2018. net income for 2018 was $1,652 million. the income tax rate is 40%. calculate earnings per share for the year ended december 31, 2018.

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At december 31, 2017 and 2018, funk & noble corporation had outstanding 1,000 million shares of...

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