Multiple Choice
Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels' earnings per share for 2011 is
A) $4.00
B) $5.25
C) $6.50
D) $5.00
Correct Answer:
Verified
Correct Answer:
Verified
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