ABC Corporation Has 2 Million Shares Outstanding

question 47

Multiple Choice

ABC Corporation has 2 million shares outstanding. The corporation's after-tax earnings for 2004 were $2.75 million. What is ABC's EPS for 2004?

• A) $2.0
• B) $0.75
• C) $1.0
• D) $2.75
• E) $.50

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Definitions:

Legal Defensibility

The capability of a policy, action, or practice to be defended in legal proceedings, typically by demonstrating that it is justified, fair, and compliant with laws.

Trait-Oriented Performance Appraisals

An evaluation method focusing on the individual characteristics of an employee, such as attitudes, personality traits, and behaviors, rather than objective output.

Behavior-Oriented

An approach or methodology that focuses on analyzing and modifying observable and measurable behaviors.

Legal Viewpoint

Legal viewpoint refers to the perspective or approach adopted based on laws and legal considerations, typically concerning rights, obligations, and compliance.