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Use the following information for questions
During 2016, Pattar Corp.reported after-tax profit of $450,000 and paid $75,000 in common dividends.The weighted average number of common shares issued in 2016 was 150,000.There are no preferred shares issued.At year end, Pattar's common shares are selling for $60 per share on the Toronto Stock Exchange.
-Pattar's earnings per share for 2016 is


Definitions:

Pessimistic Explanatory Style

The inclination to ascribe adverse occurrences to constant, inherent, and widespread factors.

Type A Personality

A personality type characterized by high levels of competitiveness, self-drive, impatience, and a constant sense of urgency.

Optimism

An inclination to maintain a hopeful and positive attitude towards the future or the successful outcome of an event.

Rumination

The act of continuously thinking about the same thoughts, often negative, which can impede problem-solving and emotional recovery.

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