Revival Corporation's Annual Report Is as Follows Based on the Information Provided Above, Find the Earnings Per

question 62

Multiple Choice

Revival Corporation's annual report is as follows. $$\begin{array} { | l | r | r } \hline&\text { March 31, 2014 } & \text { March 31, 2015 }\\\hline \text { Net Income } &\$ 350,000 & \$ 423,500 \\\hline \text { Preferred Dividends } & 0 & 0 \\\hline \text { Total Stockholders' Equity } & \$ 4,200,000 & \$ 5,082,000 \\\hline \text { Stockholders' Equity attributable to Preferred Stock } &0 & 0 \\\hline \text { Number of Common Shares Outstanding } &275,464&192,168 \\\hline\end{array}$$ Based on the information provided above, find the earnings per share of Revival Corporation as of March 31, 2015.

• A) $(2.20)
• B) $2.20
• C) $1.81
• D) $1.49

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