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For 2014 Kuhlman Corporation Reported Net Income of $28,000; Net

Question 101

Multiple Choice

For 2014 Kuhlman Corporation reported net income of $28,000; net sales $400,000; and average share outstanding 16,000. There were no preferred dividends. What was the 2014 earnings per share?


A) $1.75
B) $0.57
C) $25.00
D) $0.07

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