Based on the Following Information, What Is Earnings Per Share

question 124

Multiple Choice

Based on the following information, what is earnings per share? $\begin{array}{ll}115,000 & \text { Common shares outstanding } \\\$ 40,000 & \text { Preferred stock cividend declared and paid } \\\$ 350,000 & \text { Net income }\end{array}$

• A) $3.39
• B) $3.04
• C) $2.96
• D) $2.70

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Definitions:

Management History

The study and examination of historical developments and practices in the field of management over time.

Management Thought

Refers to the theories and principles that guide the practices and decisions of managers in organizational settings.

Scientific Management

An approach to management focused on optimizing work processes and productivity through empirical methods and time-and-motion studies.

Specialization

The process of focusing on and becoming an expert in a particular area of knowledge, skill, or activity.