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Business, 16.04.2020 23:21 Legoman29305

Stone Company reported net income of $2,536 million in 2016. The weighted average number of common shares outstanding during 2016 was 554 million shares. Brook paid $80 million in dividends on preferred stock, which was convertible into 20 million shares of common stock. How much is the diluted earnings per share amount for 2016?

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