Krew kutters net income was 100000 last year. the company, Ask an Expert

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Krew Kutter's net income was $100,000 last year. The company has 10,000 shares of common stock and 4,000 shares of $200 par value, 6 percent preferred stock outstanding. No change in the number of common or preferred shares outstanding occurred during the year. What was the earnings per share of common stock last year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M953269

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