What are the earnings per share (EPS) for a company that earned $100,000 last year in after-tax profits, has 200,000 common shares outstanding and $1.2 million in retained earning at the year end?
A.) $100,000
B.) $6.00
C.) $0.50
D.) $6.50
Answer: C
What are the earnings per share (EPS) for a company that earned $100,000 last year in after-tax profits, has 200,000 common shares outstanding and $1.2 million in retained earning at the year end?
A.) $100,000
B.) $6.00
C.) $0.50
D.) $6.50
Answer: C