The Net Profit for a Company That Builds Portable Oil

question 148

Multiple Choice

The net profit for a company that builds portable oil well exploration rigs was $10 million last year. The company paid out $4 million in dividends and has 2 million shares of common share outstanding. What are its earnings per share?

• A) $2.50
• B) $3.00
• C) $4
• D) $5

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Definitions:

Stimulants

Drugs that have activating or excitatory effects on brain or bodily functions.

Alcohol

A psychoactive substance commonly found in beverages such as beer, wine, and spirits, known for its depressant effects on the central nervous system.

Depressant

A category of psychoactive drugs that reduce arousal and stimulation, affecting the central nervous system to slow down bodily functions.

Nervous System

A complex network of nerves and cells that transmit signals between different parts of the body, coordinating its actions and sensory information.