Using the Information Given Here,what Are the Earnings Per Share

question 135

Multiple Choice

Using the information given here,what are the earnings per share for DEF Company?
• Income = $180,000
• Number of shares outstanding = 60,000
• Price per share = $30
• Book value per share = $10

• A) $1.00
• B) $2.00
• C) $3.00
• D) $5.00
• E) $6.00

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Definitions:

Full Time

Employment status where an individual works a minimum number of hours as defined by the employer, typically considered to be around 35 to 40 hours per week.

Business Profits

The financial surplus generated by a business from its operations after subtracting expenses from revenues.

Partners

Individuals who engage in a shared business or venture, contributing resources and sharing profits and losses.

Income

Financial earnings or revenue accruing to an individual, corporation, or economic entity from various sources.