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Business, 10.09.2020 04:01 Jenifermorales101

Flyaway Travel Company reported net income for 2021 in the amount of $90,000. During 2021, Flyaway declared and paid $2,125 in cash dividends on its nonconvertible preferred stock. Flyaway also paid $10,000 cash dividends on its common stock. Flyaway had 40,000 common shares outstanding from January 1 until 10,000new shares were sold for cash on April 1, 2021. What is 2021 basic earnings per share

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Flyaway Travel Company reported net income for 2021 in the amount of $90,000. During 2021, Flyaway d...
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