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During the Year, Perez Company Earned Revenues of $113,625 and Incurred

Question 36

Multiple Choice

During the year, Perez Company earned revenues of $113,625 and incurred $98,000 for various operating expenses. There are 1,250 shares of stock outstanding. Earnings per share is


A) $12.50
B) $12.80
C) $8.80
D) $8.50

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