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
• Number of outstanding common shares, 800,000
• Number of treasury shares, 100,000
What is Kirova's earnings per share?

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