Question
A company has the following information in 2018 and 2019: 2019 Net Sales CGS Net Income 2018 8,000,000 2,000,000 9,000,000 2,500,000 $300,000 $320,000 2018
A company has the following information in 2018 and 2019: 2019 Net Sales CGS Net Income 2018 8,000,000 2,000,000 9,000,000 2,500,000 $300,000 $320,000 2018 2019 Cash 200,000 180,000 A/R Inventory 120,000 600,000 1,000,000 800,000 Total Assets $6,000,000 $5,000,000 Note: The market price of each share is $12 and the company has 20,000 shares in public market in 2019. on average 75% of sales was on credit in 2019. a. How much was Earning per share in 2019? Oa. $1.60 Ob.$16 Oc.$160 Od.$0.16
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