Cadarette Corporation's Most Recent Balance Sheet and Income Statement Appear

Multiple Choice

Cadarette Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $17.73 per share.
-The earnings per share of common stock for Year 2 is closest to:

A) $1.00
B) $1.60
C) $1.43
D) $0.90