Kim Has Gathered the Following Information on a Company What Is the Amount of the Earnings Per Share?
A)

Multiple Choice

Kim has gathered the following information on a company. $$\begin{array} { l l } \text { Sales } & \$ 640,000 \\\text { Dividends paid on common stock } & \$ 18,000 \\\text { Net profit margin } & 5 \% \\\text { Number of shares outstanding } & 128,000\end{array}$$ What is the amount of the earnings per share?

A) $0.14
B) $0.25
C) $0.28
D) $0.30