The Net Profit for a Company That Builds Portable Oil

question 42

Multiple Choice

The net profit for a company that builds portable oil well exploration rigs was $10,000,000 last year.The firm paid out $4,000,000 in dividends and has 2,000,000 shares of common share outstanding.What is its earnings per share?

• A) $4
• B) $3.00
• C) $2.50
• D) $5

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Definitions:

Hypnosis

A trance-like state of focused attention and heightened suggestibility, with diminished peripheral awareness.

Susceptible

Likely to be influenced or harmed by a particular thing due to vulnerability or lack of resistance.

Memory Errors

Mistakes or distortions in the recall of experiences or information, which can occur due to various cognitive and emotional factors.

Hypnosis

A trance-like mental state of heightened focus and concentration, induced by suggestion, used therapeutically to modify behaviors, perceptions, or psychological states.