Mayan Company Had Net Income of $132,000

question 144

Multiple Choice

Mayan Company had net income of $132,000.The weighted-average common shares outstanding were 80,000.The company has no preferred stock.The company sold 3,000 shares before the end of the year.There were no other stock transactions.The company's earnings per share is:

• A) $1.65.
• B) $1.59.
• C) $44.00.
• D) $26.67.
• E) $1.71.

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