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Business, 28.05.2020 01:02 Hilljos018

Sage Inc. presented the following data. Net income $2,740,000 Preferred stock: 45,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,500,000 Common stock: Shares outstanding 1/1 714,000 Issued for cash, 5/1 291,600 Acquired treasury stock for cash, 8/1 135,600 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e. g. $2.55.) Earnings per share

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Sage Inc. presented the following data. Net income $2,740,000 Preferred stock: 45,000 shares outstan...
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