A company has net profit of $365 000 for the current year. It paid its required preference dividend of $17 500 and had no other share transactions during the year. The average number of ordinary shares issued during the year was 69 500. What is the earnings per share?

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The Answer of A company has net profit of $365 000 for the current year. It paid its required preference dividend of $17 500 and had no other share transactions during the year. The average number of ordinary shares issued during the year was 69 500. What is the earnings per share?

A Company Has Net Profit of $365 000 for the Current