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A Company Reports the Following The Company's Earnings Per Share on Common Stock Is
A)

question 43

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A company reports the following:  Net income $160,000 Preferred dividends $10,000 Shares of common stock outstanding 20,000 Market price per share of common stock $35\begin{array} { l r } \text { Net income } & \$ 160,000 \\\text { Preferred dividends } & \$ 10,000 \\\text { Shares of common stock outstanding } & 20,000 \\\text { Market price per share of common stock } & \$ 35\end{array}
The company's earnings per share on common stock is


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