Multiple Choice
Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000.
-The company has no preferred stock. The company sold 3,000 shares before the end of the year. There were no other stock transactions. The company's earnings per share is:
A) $44.00.
B) $26.67.
C) $1.71.
D) $1.59.
E) $1.65.
Correct Answer:
Verified
Correct Answer:
Verified
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