Quantum Technology had $726,000 of retained earnings on December 31, 20X2. The company paid common...
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Quantum Technology had $726,000 of retained earnings on December 31, 20X2. The company paid common dividends of $32,600 in 20X2 and had retained earnings of $503,000 on December 31, 20X1.
What would earnings per share be if 46,400 shares of common stock were outstanding? (Round your answer to 2 decimal places.)
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