For 2017 Kuhlman Corporation Reported Net Income of $36,000; Net

question 172

Multiple Choice

For 2017 Kuhlman Corporation reported net income of $36,000; net sales $400,000; and average share outstanding 16,000. There were no preferred dividends. What was the 2017 earnings per share?

• A)$2.25
• B)$0.44
• C)$25.00
• D)$0.09

---

Definitions:

Job Applicant

A person who applies for a position of employment, submitting their qualifications and experience for consideration.

Appreciation

Recognition and enjoyment of the good qualities of someone or something, often expressed as gratitude.

Competitive Applicants

Individuals who stand out in a selection process due to their qualifications, experience, or skills, making them strong contenders for a position or opportunity.

Terminating Employee

The process of formally ending an individual's employment with an organization, typically due to performance issues, restructuring, or other business needs.