RDJ Manufacturing Had 300 Million Shares of Stock Outstanding at the End

question 35

Multiple Choice

RDJ Manufacturing had 300 million shares of stock outstanding at the end of 2015. During 2015, the company reported net income of $600 million, retained earnings of $900 million, and $240 million
In dividends paid. What is RDJ's earnings per share?

• A) $0.50
• B) $0.67
• C) $0.80
• D) $1.25
• E) $2.00

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Definitions:

Benchmarking

The process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Subjective Review

A method of evaluation based on personal judgments, preferences, or opinions, rather than objective measures or criteria.

Best-In-Class

A term used to describe products, services, or practices considered to be the best in their category or industry.

HR Contributions

The positive impacts or value-added outcomes stemming from human resource management practices, including talent development, employee engagement, and organizational performance improvement.