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Business, 17.03.2020 03:23 jfedele7900

At December 31, 2017, Crane Company had 600,000 shares of common stock issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 200,000 of which were issued on October 1, 2017. Net income for 2017 was $2,070,000, and dividends declared on preferred stock were $380,000.Compute Sarasota’s earnings per common share. (Round answer to 2 decimal places, e. g. 52.75.)

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At December 31, 2017, Crane Company had 600,000 shares of common stock issued and outstanding, 400,0...
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