Problem: The net income available to stockholders is $230,000. The beginning number of common shares outstanding was 100,000. The ending number of common shares outstanding was 150,000. What is the earnings per share? A) $1.84 B) $2.30 C) $1.533 D) $0.543
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Problem Details
The net income available to stockholders is $230,000. The beginning number of common shares outstanding was 100,000. The ending number of common shares outstanding was 150,000. What is the earnings per share?
A) $1.84
B) $2.30
C) $1.533
D) $0.543
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Based on our data, we think this problem is relevant for Professor Glass' class at IU.