Multiple Choice
Yet Corporation had net earnings of $500,000. It paid $125,000 in dividends to the preferred shareholders. Yet Corporation had a weighted average of 1,500,000 common shares and 250,000 preferred shares. Yet Corporation's earnings per share was:
A) $0.25
B) $0.21
C) $0.33
D) $0.29
Correct Answer:
Verified
Correct Answer:
Verified
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