Multiple Choice
Use the following information for questions
During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's basic earnings per share for 2022 is
A) $22.22.
B) $3.63.
C) $4.50.
D) $5.14.
Correct Answer:

Verified
Correct Answer:
Verified
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