Use the Following Information for Questions

question 112

Multiple Choice

Use the following information for questions
During 2013, 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 2013 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 2013 is

• A)$25.00.
• B)$20.00.
• C)$3.00.
• D)$2.50.

---

Definitions:

Analytic Intelligence

One’s ability to analyze, evaluate, judge, compare, and contrast information.

Intrinsically Important

Valued for its own sake or essence, rather than for its utility in achieving something else.

Abstract Thinking

The ability to consider concepts, possibilities, and ideas that are not immediately visible, tangible, or concrete.

Ethnic Minority

A group within a community which has different national or cultural traditions from the majority of the population.