HBB Manufacturing, Inc

question 87

Multiple Choice

HBB Manufacturing, Inc., has 275,000 shares of stock outstanding. The firm paid out $275,000 in dividends, $195,000 in interest, and added $150,000 to retained earnings for the year. What is the amount of the earnings per share?

• A)$.70
• B)$.78
• C)$1.55
• D)$1.63
• E)$1.76

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Definitions:

Job Performance

The level of effectiveness and efficiency with which an individual fulfills their designated job roles and responsibilities.

Total Compensation

The complete package of direct financial benefits (like salary, bonuses) and indirect benefits (such as health insurance, pensions) that an employee receives from an employer.

ESOP

Employee Stock Ownership Plan, a program that provides company stock to employees as part of their compensation.

Gain-Sharing Plan

A compensation strategy where employees receive bonuses based on the company's profits or improvements in performance, fostering a sense of ownership and teamwork.