Multiple Choice
Brandies,Inc.reported net income of $5.6 million.At the beginning of the year,6.8 million shares of common stock were outstanding and at the end of the year,7.2 million shares were outstanding.No dividends were declared.The EPS is approximately:
A) $0.80.
B) $0.78.
C) $0.83.
D) $0.70.
Correct Answer:
Verified
Correct Answer:
Verified
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