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Business, 14.03.2020 03:26 dwarfarmy99

In 2020, Linz Corporation reported a discontinued operations loss of $1,200,000, net of tax. It declared and paid preferred stock dividends of $120,000 and common stock dividends of $360,000. During 2020, Linz had a weighted average of 500,000 common shares outstanding. As a result of the discontinued operations loss, net of tax, the earnings per share would decrease by A. $1.44 B. $2.16 C. $1.68 D. $2.40

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In 2020, Linz Corporation reported a discontinued operations loss of $1,200,000, net of tax. It decl...
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