Multiple Choice
A corporation has 2 000 shares of $50 par, 10% preference shares, and 6 000 ordinary shares outstanding. The profit for the year is $25 0000. The earnings per share of ordinary shares would be:
A) $31.25.
B) $10.83.
C) $40.00.
D) $41.67.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: The excess of a company's current assets
Q51: Quick assets do NOT include inventory.
Q60: Which of the following is the definition
Q61: Which of the following accurately describes working
Q62: When comparing a company's results from one
Q63: The times- interest- earned ratio measures the
Q67: If an analyst wishes to see how
Q69: Which of the following ratios is a
Q117: Vertical analysis is used with the income
Q138: Investors and creditors generally evaluate a company