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02-06-2023
Business

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The following financial statement data are for the year ending December 31 for Langford Company:
Net income $497,200 Preferred dividends $52,000 Average number of common shares outstanding 84,000 shares
What is earnings per share for the year?
a.$5.30
b.$6.54
c.$5.92
d.None of these choices are correct.

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