Multiple Choice
In 2010 Dowor Ltd.earned gross revenues of $2,500,000 and had net income of $480,000.During 2010 the company had 200,000 common shares outstanding and its average shareholders equity was $1,000,000.Dowor's basic earnings per share for 2010 is:
A) $2.50
B) $2.40
C) $12.50
D) $0.48
Correct Answer:
Verified
Correct Answer:
Verified
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