Shares of common stock outstanding-earnings per share


A firm has earnings before taxes of $128 million and taxes of $39 million. The company pays $12 million in preferred dividends and $31 million in common dividends. There are 24 million shares of common stock outstanding. What is the amount of the earnings per share?

$3.83

$3.71

$3.21

$1.92

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Business Management: Shares of common stock outstanding-earnings per share
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