Mayan company had net income of $33,580. the weighted-average common shares outstanding were 9,200. the company declared a $3,900 dividend on its noncumulative, nonparticipating preferred stock. there were no other stock transactions. the company's earnings per share is:

3.23 per share

Explanation:

Given that,

Net income = $33,580

Preferred dividends = $3,900

Weighted-average common shares outstanding = 9,200

Therefore,

Earnings per share :

= (Net income - Preferred dividends) ÷ outstanding common shares

= ($33,580 - $3,900) ÷ 9,200

= 29,680 ÷ 9,200

= $3.23 per share

Hence, the company's earnings per share is $3.23 per share.

answernaturalistic observation;