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    Financial Management
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    Exam 1: Introduction to Financial Management
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    Last Year, the EPS, for 250,000 Shares Outstanding Was $4
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Last Year, the EPS, for 250,000 Shares Outstanding Was $4

Question 19

Question 19

Multiple Choice

Last year, the EPS, for 250,000 shares outstanding was $4, for a company with invested capital of $21 million. What was the Company's net income that year?


A) $84,000,000
B) $5,250,000
C) $1,000,000
D) $336,000
E) $62,500

Correct Answer:

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