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Justice Corporation reported the following financial statements: (Click the icon to view the financial statements.) The company has 3,000 shares of common stock outstanding. What
Justice Corporation reported the following financial statements: (Click the icon to view the financial statements.) The company has 3,000 shares of common stock outstanding. What is Justice's earnings per share? (Round the earnings per share to two decimal places, XXX) O A. $4.91 B. $1.60 OC. $4.03 OD. 2.12 times Justice Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets 2,368 $ 1,940 Cash and Cash Equivalents Assets Current Assets: A 2,368 $ 1,940 Cash and Cash Equivalents 1,920 1,763 Accounts Receivable 1,089 Merchandise Inventory 1,336 1,613 1,825 Prepaid Expenses 7,237 6,617 Total Current Assets 7,237 Total Current Assets 6,617 16,282 17,853 Other Assets $ 25,090 $ 22,899 Total Assets Liabilities $ Current Liabilities 7,418 $ 4,622 8,447 3,848 Long-term Liabilities 12,040 12,295 Total Liabilities Stockholders' Equity 4,804 Common Stock, no par 6,350 6,700 5,800 Retained Earnings 13,050 10,604 Total Stockholders' Equity $ 25,090 $ 22,899 Total Liabilities and Stockholders' Equity Justice Corporation Income Statement Year Ended December 31, 2025 Net Sales Revenue $ 29,472 7,278 Cost of Goods Sold Gross Profit 22,194 7,472 Operating Expenses 14 722 22,194 Gross Profit 7,472 Operating Expenses 14,722 Operating Income 167 Interest Expense Income Before Income Taxes 14,555 2,457 Income Tax Expense $ 12,098 Net Income
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