Multiple Choice
Oregon, Inc. reported net income of $105,000. During the current year, the company had 5,000 shares of $100 par, 5% preferred stock and 10,000 of $5 par common stock outstanding. The company declared and paid all preferred dividends. Oregon's earnings per share is
A) $8.00
B) $18.00
C) $5.08
D) $5.00
Correct Answer:
Verified
Correct Answer:
Verified
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