Sperle Corporation Has Provided the Following Data Concerning Its Stockholders

Multiple Choice

Sperle Corporation has provided the following data concerning its stockholders' equity accounts:
Net income for Year 2 was $30,400. Dividends on common stock during Year 2 totaled $6,400. The market price of common stock at the end of Year 2 was $3.08 per share.
-The company's earnings per share for Year 2 is closest to:

A) $8.18 per share
B) $0.38 per share
C) $0.54 per share
D) $0.68 per share