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17) For 2007, Landford Corporation reported net income of $30,000,

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17) For 2007, Landford Corporation reported net income of $30,000, net sales of $400,000, and average shares outstanding 6,000. There were no preferred stock dividends. What were the 2007 earnings per share?

A. $5.00
B. $66.67
C. $0.20
D. $4.66
Submitted: 6 years ago.
Category: Homework
Expert:  Curtis K replied 6 years ago.

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