Multiple Choice
The EPS (Earnings Per Share) for Disco Documents Ltd. this year is $0.75. If the company has $1,575,000 capital invested and earned net income for the year of $412,500, how many common shares does the Company have outstanding?
A) 550,000
B) 38,181
C) 2,100,000
D) 309,375
E) 1,181,250
Correct Answer:
Verified
Correct Answer:
Verified
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