A company reported net income of $120,000. It paid a cash dividend of $22,000 to preferred stockholders and a cash dividend to common shareholders of $44,000. If the company has 25,000 shares of common stock outstanding, earnings per share is----------- .

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The Answer of A company reported net income of $120,000. It paid a cash dividend of $22,000 to preferred stockholders and a cash dividend to common shareholders of $44,000. If the company has 25,000 shares of common stock outstanding, earnings per share is----------- .

A Company Reported Net Income of $120,000