Question
ABC Corporation financial statements reveal the following information Sales $1,000,000,000 Net Profit $20,000,000 Annual Preferred Dividend $5,000,000 Annual Common Dividend $7,500,000 Common Shares outstanding 1,000,000
ABC Corporation financial statements reveal the following information
| Sales | $1,000,000,000 |
| Net Profit | $20,000,000 |
| Annual Preferred Dividend | $5,000,000 |
| Annual Common Dividend | $7,500,000 |
| Common Shares outstanding | 1,000,000 |
What are the earnings per share for this company?
| A. | $25.00 per Share | |
| B. | $7.50 per Share | |
| C. | $20.00 per Share | |
| D. | $12.50 per Share | |
| E. | $15.00 per Share |
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
