For Last Year, Roxy Corporation Reported Profit of $500,000, and Paid

question 43

Multiple Choice

For last year, Roxy Corporation reported profit of $500,000, and paid $125,000 in dividends to the 250,000 preferred shares issued.The weighted average of common shares was 1,500,000 shares.Roxy's earnings per share was

• A)$0.33.
• B)$0.29.
• C)$0.25.
• D)$0.21.

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Intermittent

Stopping and starting again at intervals.

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