Multiple Choice
A company reported net income of $5.6 million.At the beginning of the year,3.4 million shares of common stock were outstanding and at the end of the year,3.6 million shares were outstanding.No dividends were declared.The EPS is approximately:
A) $1.60.
B) $1.56.
C) $1.65.
D) $1.40.
Correct Answer:
Verified
Correct Answer:
Verified
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