Multiple Choice
Eddy Corporation reported the following data for the period: Earnings per share, $3.00; Retained Earnings, $27,000; Revenues, $75,000; Capital Stock, $15,000; Expenses, $64,500. With this information, determine how many shares of stock are outstanding.
A) 9,000
B) 5,000
C) 4,000
D) 3,500
Correct Answer:
Verified
Correct Answer:
Verified
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