A company A) $2.00 B) $3.00 C) $4.00 D) $5.00 has sa net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
icon
Related questions
Question

What is earnings per share?

A company
A) $2.00
B) $3.00
C) $4.00
D) $5.00
has
sa net income of $200,000 and 50,000 outstanding shares. What is the earnings per
share?
Transcribed Image Text:A company A) $2.00 B) $3.00 C) $4.00 D) $5.00 has sa net income of $200,000 and 50,000 outstanding shares. What is the earnings per share?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer