A firm expects to have net income of $85,000. If preferred dividends paid are $42,000, common stock dividends paid are $20,000, and shares of common stock outstanding are 10,000, what is the EPS?

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The Answer of A firm expects to have net income of $85,000. If preferred dividends paid are $42,000, common stock dividends paid are $20,000, and shares of common stock outstanding are 10,000, what is the EPS?

A Firm Expects to Have Net Income of $85,000