Oak Supply Has Earnings Per Share of $2

question 42

Multiple Choice

Oak Supply has earnings per share of $2.34. The firm has $750,000 in equity and 50,000 shares of stock outstanding. What is the return on equity?

• A)12.92%
• B)13.71%
• C)14.09%
• D)14.47%
• E)15.60%

---

Definitions:

Aphasia

A disorder resulting from damage to the parts of the brain that control language, leading to difficulties in speaking, understanding, reading, and writing.

Speech Therapist

A healthcare professional specialized in evaluating and treating communication disorders and swallowing problems.

Medical Interpreter

A professional who facilitates communication between healthcare providers and patients when they do not share a common language, ensuring accurate and comprehensive understanding.

Effective Communication

The ability to convey information to another effectively and efficiently, ensuring mutual understanding.