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

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 38MCQ
icon
Related questions
Question

??!!

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

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning