(Answered) The dicker company has the following pattern of financial

Finance

The Dicker Company has the following pattern of financial data for Years 1 and 2:

	Year 1	Year 2
Net income	$ 40,000	$ 42,000
Preferred stock (5%)	$450,000	$550,000
Weighted average number of
common shares outstanding	38,000	38,000

Required Calculate earnings per share and comment on the trend.

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