Kirova Company Has Provided the Following Information: • Number of Issued

Multiple Choice

Kirova Company has provided the following information: • Number of issued common shares,900,000
• Net income,$1,000,000
• Number of authorized common shares,1,000,000
• Weighted average number of outstanding common shares,800,000
• Number of treasury shares,100,000
What is Kirova's earnings per share (EPS) ?

A) $1.43
B) $1.25
C) $1.11
D) $1.00