Kriton Corporation had net income of $375,000 and paid preferred dividends of $80,000.Kriton had 50,000 common shares outstanding.Calculate the earnings per share.

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The Answer of Kriton Corporation had net income of $375,000 and paid preferred dividends of $80,000.Kriton had 50,000 common shares outstanding.Calculate the earnings per share.

Kriton Corporation Had Net Income of $375,000 and Paid Preferred