Mayan Company had net income of $33,180. The weighted-average common shares outstanding were 8400. The company declared a $3100 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:
A. $3.95.
B. $4.07.
C. $4.32.
D. $3.33.
E. $3.58.
Answer: E
Business
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