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Accounting
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CoursHeroTranscribedText: At December 31, 201?, Albrecht Corporation had outstanding 358,000 shares of common stock and 6,000 shares of 9.5%, $100 par value cumulative, nonconvertible preferred stock. On May 31, 201B, Albrecht sold for cash 12,000 shares of its common stock- No cash dividends were declared for 2018. For the year ended December 31, 201B, Albrecht reported a net loss of $1,?43,000_ Required: Calculate Albrecht's net loss per share for the year ended December 31, 2018. {Enter your answers in thousands. Negative amounts should be indicated by a minus sign.) _-_H
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