Earnings per share question?

SoccerBoss
Category:
Accounting
Price: $5 USD

Question description

Candy Corporation had pretax profits of $1.2 million, an average tax rate of 34 percent, and it paid preferred stock dividends of $50,000. There were 100,000 shares outstanding and no interest expense. What were Candy Corporation's earnings per share? 

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(Top Tutor) Daniel C.
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School: Duke University
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