Using the Following Balance Sheet and Income Statement Data, What

question 205

Multiple Choice

Using the following balance sheet and income statement data, what is the earnings per share? Average common shares outstanding was 10,000.

• A) $1.50
• B) $2.50
• C) $0.67
• D) $0.55

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Definitions:

Filum

A slender thread-like structure, especially one found in the anatomy of animals, such as the filum terminale in the human spine.

Fillet

A piece of meat or fish that has been stripped from the bone, often prepared for cooking.

Embryo

An early stage in the development of organisms, in humans this covers the first eight weeks following fertilization.

Obstetrics

The medical specialty dealing with childbirth and care of the mother.