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Shamrock Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company declared a $3,200 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:
a) $4.13.
b) $4.38.
c) $3.37.
d) $4.00.
e) $3.62.
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Shamrock Company had net income of $34,000. The weighted-average common shares outstanding were 8,50...
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