Reed's Birdie Shot, Inc

question 44

Multiple Choice

Reed's Birdie Shot, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $555,000, interest expense = $178,000, and taxes = $148,000. Reed's has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2018 earnings per share.

• A) $3.49
• B) $2.29
• C) $3.14
• D) $2.79

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Definitions:

Employee Share Ownership Plans

Programs that enable employees to become partial owners of the company they work for by purchasing or receiving shares.

Contrast

The state of being strikingly different from something else, typically something in close association.

Self-leadership Model

A self-influence process through which individuals control their own behavior, influencing and leading themselves towards achievement of objectives.

Motivating Employees

Refers to the strategies and techniques utilized by leaders to inspire or encourage their employees to achieve their best performance.