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Oregon,Inc

Question 54

Multiple Choice

Oregon,Inc.reported net income of $105,000.During the current year,the company had 5,000 shares of $100 par,5% preferred stock and 10,000 of $5 par common stock outstanding.Oregon's earnings per share is


A) $8.00
B) $18.00
C) $5.08
D) $5.00

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