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Mayan Company had net income of $33,180. The weighted-average common shares outstanding were 8,400 . The company declared a $3,100 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: Multiple Choice $4.32. $4.07 $3.95. $4.32. $4.07. $3.95. $3.58. $3.33.
Mayan Company had net income of $33,180. The weighted-average common shares outstanding were 8,400 . The company declared a $3,100 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: Multiple Choice $4.32. $4.07 $3.95. $4.32. $4.07. $3.95. $3.58. $3.33.
Thecompany'searnings per share is $3.95.Earnings per share(EPS) is a financial metric that represents the portion of a company's profit that is allocated to each outstanding share of its common stock. It is a key indicator of a company's profitability on a per-share basis and is often used by investors and analysts to assess a company's financial performance.To calculate earnings per share (EPS), we divide the net income attributable tocommon shareholdersby the weighted-average number of common shares outstanding.EPS = Net Income /Weighted-Average Common Shares OutstandingGiven:Net Income= $33,180Weighted-Average Common Shares Outstanding = 8,400EPS = Net Income / Weighted-Average Common Shares OutstandingEPS = $33,180 / 8,400EPS = $3.95Therefore, the earnings per share is $3.95.To know more aboutNet Income:brainly.com/question/33902361#SPJ11...