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As a stockholder of abc you receive its annual report in

As a stockholder of ABC, you receive its annual report. In the financial statements, the firm reported after-tax earnings of $5,200,000 and has issued 1,600,000 shares of common stock. The stock is currently selling for $36 a share. What is the earnings per share for ABC?

$2.25/share
$0.29/share
$3.25/share
$0.70/share

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Finance Basics: As a stockholder of abc you receive its annual report in

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