Question
Financial information for Accessories Unlimited includes the following selected data: Net income (in millions) $ 150 Shares outstanding (in millions) 300 Stock price $ 20.00
Financial information for Accessories Unlimited includes the following selected data:
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| Net income (in millions) | $ | 150 |
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| Shares outstanding (in millions) |
| 300 |
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| Stock price | $ | 20.00 |
|
What is the company's earnings per share?
A. $0.25
B.$0.50
C.$2.00
D.$0.05
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Financial Accounting
Authors: Walter B. Meigs, A. N. Mosich, Robert F. Meigs
2nd Edition
0070412901, 978-0070412903
