Multiple Choice
Rye Company has provided the following information: • Weighted average number of outstanding common shares,200,000
• Net income,$500,000
• Number of authorized common shares,400,000
• Number of treasury shares,25,000
If Rye has issued 225,000 shares,what is Rye's earnings per share (EPS) ?
A) $2.50
B) $1.25
C) $2.00
D) $1.33
Correct Answer:
Verified
Correct Answer:
Verified
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