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Business, 18.03.2021 02:50 zhvianna

Fulton Company's price-earnings ratio is 8.0 and the market price of a share of common stock is $32. The company has 3,000

shares of preferred stock outstanding with each share receiving

a dividend of $3 per share. The earnings per share of common

stock is:

a. $10.

b. $7.

c. $4.

d. $3.​

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Answers: 1

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Fulton Company's price-earnings ratio is 8.0 and the market price of a share of common stock is $32...
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