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Question(s) / Instruction(s):

For 2010, Robinson Corporation reported net income of $36,000; net sales $410,000; and average shares outstanding of 8,000.  There were no preferred stock dividends.  What were the 2010 earnings per share?

A.            $11.39

B.            $0.22

C.            $4.50

D.            $51.25

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