Which type of store is small and offers a limited merchandise assortment at very low prices?

It is called the General Merchandise.  General merchandise alludes to a wide exhibit of items normally sold in retail locations. The least difficult clarification of general stock is that it incorporates any non-nourishment or non-basic need items. A general stock retailer is any store that offers essentially non-staple things.

$3.48

Explanation:

Net income ÷Shares of common stock outstanding + Preferred stock convertible shares of common stock.

Net income 6,800,000

Shares of common stock outstanding 1,200,000

Preferred stock convertible 750,000

Hence:

$6,800,000/ ($1,200,000 + $750,000)

=$6,800,000/$1,950,000

=$3.48

Therefore the diluted earnings per share for 2021 is $3.48