ABC Company Has a Net Income of $5 Million

question 107

Multiple Choice

ABC Company has a net income of $5 million.ABC's number of outstanding shares of stock is 3,870,000 shares.What is the company's earnings per share?

• A) $1.29
• B) $.77
• C) $1.25
• D) $.80
• E) $18.75

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Definitions:

Food Foraging

The act of searching for and exploiting food resources, common in hunter-gatherer societies before the advent of agriculture.

Farming Populations

Communities of people who primarily engage in agriculture to produce food and other crops.

Portal Doorway

An architectural element or metaphorical concept implying transition between distinct worlds, dimensions, or phases.

Stonehenge

A prehistoric monument in Wiltshire, England, made of a circle of standing stones.