Multiple Choice
Brown Shoe Co.is a small shoe manufacturer with only 25,000 shares of common stock outstanding.It has net sales of $550,000 for the year and a net income of $29,000.What is Brown's earnings per share?
A) $18.97
B) $1.16
C) $22.00
D) $11.60
E) $1.90
Correct Answer:
Verified
Correct Answer:
Verified
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