Mellon Manufacturing Has After-Tax Income of $6 Million

question 56

Multiple Choice

Mellon Manufacturing has after-tax income of $6 million.It also has 4 million shares of stock outstanding.What is the corporation's earnings per share?

• A)$3.00
• B)$2.00
• C)$1.50
• D)$0.67
• E)$0.75

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