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Business, 15.04.2021 23:40 DrDre02

Newcastle Enterprises had net income for 2024 of $104,000. Newcastle had 36,000 shares of common stock outstanding at the beginning of the year and 42,000 shares of common stock outstanding at the end of the year. There were 7,000 shares of preferred stock outstanding all year. During​ 2024, Newcastle declared and paid preferred dividends of $30,000. What is​ Newcastle's earnings per​ share? (Round the answer to two decimal​ places.)

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