Solved

The Net Profit for a Company That Builds Portable Oil

Question 42

Multiple Choice

The net profit for a company that builds portable oil well exploration rigs was $10,000,000 last year.The firm paid out $4,000,000 in dividends and has 2,000,000 shares of common share outstanding.What is its earnings per share?


A) $4
B) $3.00
C) $2.50
D) $5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions