Using the Following Information, Determine the Earnings Per Share (EPS)for

question 15

Multiple Choice

Using the following information, determine the earnings per share (EPS) for Montreal Computing Power Company.

Montreal Computing Power Company has 1,000 common shares outstanding and no preferred shares.The shares were issued 10 years ago at $1.25 per share and currently trade at $3 per share.

• A)-$1.00
• B)$0.80
• C)$1.00
• D)$2.00

---

Definitions:

Willing and Able

Refers to a consumer's readiness and capacity to purchase goods or services at a given price level.

Market System

An economic system in which economic decisions and the pricing of goods and services are guided by the interactions of citizens and businesses.

Goods and Services

The output produced by an economy, including tangible products (goods) and intangible activities (services) that fulfill the needs or wants of consumers.

Profitable

A financial status where the income earned is greater than the expenses incurred, leading to a positive net income.