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A company has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $7 per share. The company earned $11,000,000 after taxes. The annual dividend is $.80 per share. The firm has assets of $137,000,000 and liabilities of $22,000,000. What are the earnings per share for the firm's common stock?

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Financial Management, Finance

Category:- Financial Management
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