Advance Systems,Inc.had 840,000 shares of common stock outstanding on January 1,2010,and repurchased 75,000 shares on June 1,2010.Net income for the year ended December 31,2010,was $2,662,625,and preferred stock dividends for the year amounted to $35,000.The earnings per share for 2010 were:
A) $3.30
B) $3.34
C) $3.48
D) $3.53
Correct Answer:
Verified
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