Doonan Corporation Has Provided the Following Financial Data from Its

question 288

Multiple Choice

Doonan Corporation has provided the following financial data from its balance sheet and income statement: The market price of common stock at the end of Year 2 was $4.79 per share. The company's earnings per share for Year 2 is closest to:

• A) $6.33 per share
• B) $0.29 per share
• C) $0.45 per share
• D) $0.62 per share

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