Multiple Choice
Shamrock Company had net income of $30,000. The weighted-average ordinary shares outstanding were 8,000. The company sold 3,000 shares before the end of the year. There were no other share transactions. The company's earnings per share is:
A) $3.75.
B) $3.00.
C) $3.33.
D) $10.00.
E) $3.16.
Correct Answer:
Verified
Correct Answer:
Verified
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