Multiple Choice
Wendell Corporation reported net income for the current year of $800,000. Wendell had 6000 shares of $90 par value, 12% preferred stock outstanding and 42,000 shares of $1 par value common stock outstanding for the entire year. Earnings per share is: (Round your final answer to the nearest cent.)
A) $15.32.
B) $90.00.
C) $17.50.
D) $19.05.
Correct Answer:
Verified
Correct Answer:
Verified
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