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

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

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