Multiple Choice
Anjou Company had 10,000 shares of common stock outstanding at December 31, 2015 and 14,000 shares of common stock outstanding at December 31, 2016. Anjou had sales of $3,600,000 in 2016 and net income of $280,000 in 2016. What is Anjou's earnings per share reported for 2016?
A) $7.78
B) $9.36
C) $20.00
D) $23.33
Correct Answer:
Verified
Correct Answer:
Verified
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