Multiple Choice
For last year, Casper Corporation reported net income of $625,000, and paid $175,000 in dividends for the 300,000 preferred shares issued.The weighted average of common shares was 1,000,000 shares.Roxy's basic earnings per share was
A) $0.63.
B) $0.33.
C) $0.45.
D) $0.15.
Correct Answer:
Verified
Correct Answer:
Verified
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