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A company had the following stockholders' equity information available at year-end.
- Issued 11,000 shares of $2.00 par value common stock for $12.00 per share.
- Issued 5,000 shares of $50 par value 6% preferred stock for $70 per share.
- Purchased 1,000 shares of previously issued common stock for $15.00 per share.
- Reported net income of $200,000.
- Declared and paid the preferred stock dividend.
Calculate the earnings per share for the current year.
Reward System
A set of mechanisms or structures within an organization designed to motivate and recognize employee performance through compensation, recognition, or benefits.
Performance Measurement
The process of evaluating how effectively individuals, groups, or organizations are achieving their goals through the use of quantitative and qualitative metrics.
Employee Turnover
The rate at which employees leave a company and are replaced by new employees.
Work Goals
The objectives or targets that an individual or team aims to achieve in their professional setting.
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