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Hernande Corporation Has Provided the Following Data The Company's Earnings Per Share for Year 2 Is Closest

question 99

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Hernande Corporation has provided the following data:  Year 2  Year 1 Common stock, $4 par value $400,000$400,000Net operating income. $75,429Net income before taxes $61,429Net income $43,000\begin{array}{ll}&\text { Year 2 } & \text { Year 1 } \\\text {Common stock, \$4 par value }&\$ 400,000 & \$ 400,000 \\\text {Net operating income. }&\$ 75,429 & \\\text {Net income before taxes }&\$ 61,429 & \\\text {Net income }&\$ 43,000 &\end{array} The company's earnings per share for Year 2 is closest to:


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