Beck Company has the following dataavailable:

2X13

2X12

2X11

Net Income

$

64

$

56

$

52

Stockholders' Equity:

Common Stock $5 par

$

50

$

50

$

50

Retained Earnings

75

60

40

Total Stockholders' Equity

$

125

$

110

$

90

What are the earnings per share for Beck Company in2X13? Have the earnings per share improved or not improved since2X12?

A.

$6.40, not improved

B.

$12.80, not improved

C.

$6.40, improved

D.

$1.28, improved

E.

$1.28, not improved