Multiple Choice
For the year that just ended, a company reports net income of $1,500,000.There are 500,000 shares authorized, 300,000 shares issued, and 250,000 shares of common stock outstanding.What is the earnings per share?
A) $5.00
B) $2.50
C) $6.00
D) $3.00
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q109: ABC Co.has a gross payroll of $18,000.The
Q110: When the contract rate of interest on
Q111: In order to record a contingent liability,
Q113: FICA tax is a payroll tax that
Q114: Indicate whether the following actions would
Q115: Medicare taxes are withheld from an employee's
Q116: Obligations that depend on past events and
Q117: The FICA tax withheld from employees contributes
Q119: The primary purpose of a stock split
Q175: FICA tax is a payroll tax that