The xyz corporation had income before taxes of 700000 and


The XYZ Corporation had income before taxes of $700,000 (use a 40 percent tax rate) and paid $140,000 to the preferred stockholders. What are the earnings per share for XYZ common stockholders with 70,000 shares of common stock outstandi ng?

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Corporate Finance: The xyz corporation had income before taxes of 700000 and
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