The following income statement was reported by Snappy Seacraft Company for the year ending December 31, 2010:
Assume Snappy has an average of 15,000 shares of common stock outstanding during 2010. Based on this information, what amount of earnings per share would be reported on the income statement as the disposal of the business segment?
a. $0.33
b. $0.20
c. $1.00
d. $0.73
Definitions:
Spontaneity
The quality of being performed or occurring as a result of a sudden inner impulse or inclination without premeditation or external stimulus.
Ineffective Leader
A leader who fails to produce the desired outcome, often due to lack of skills, poor decision-making, or inability to motivate and engage the team.
Malevolent
Having or showing a wish to do evil to others, characterized by harmful or malicious intentions.
Asocial
Characterized by the lack of interest in or avoidance of social interactions.
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