A company reported net income of $120,000.It paid a cash dividend of $20,000 to preferred stockholders and a cash dividend to common shareholders of $40,000.If the company has 20,000 shares of common stock outstanding,earnings per share would be ______________.

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The Answer of A company reported net income of $120,000.It paid a cash dividend of $20,000 to preferred stockholders and a cash dividend to common shareholders of $40,000.If the company has 20,000 shares of common stock outstanding,earnings per share would be ______________.

A Company Reported Net Income of $120,000