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Rudolph Corporation Reports the Following Information Rudolph Should Report Earnings Per Share of
A) $1

question 62

Multiple Choice

Rudolph Corporation reports the following information:  Net income............................................................. $900,000Dividends on common shares...................................... $252,000 Dividends on preferred shares............................................ $90,000 Weighted average common shares outstanding....................... 300,000\begin{array}{llcc} \text { Net income............................................................. } & \$900,000 \\ \text {Dividends on common shares...................................... } &\$252,000\\ \text { Dividends on preferred shares............................................ } &\$90,000\\ \text { Weighted average common shares outstanding....................... } &300,000\\\end{array}
Rudolph should report earnings per share of

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