A corporation had current year net income of $2,375,000. It paid preference dividends of $80,000 cash and had 500,000 weighted-average ordinary shares outstanding. Calculate the corporation's earnings per share.

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The Answer of A corporation had current year net income of $2,375,000. It paid preference dividends of $80,000 cash and had 500,000 weighted-average ordinary shares outstanding. Calculate the corporation's earnings per share.

A Corporation Had Current Year Net Income of $2,375,000