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MC Current assets $18,000 Net sales $40,000 Current liabilities 8,000 Total llabilities 10,000 Average assets 80,000 Shareholders' equity 50,000 Total assets 60,000 Market price of
MC Current assets $18,000 Net sales $40,000 Current liabilities 8,000 Total llabilities 10,000 Average assets 80,000 Shareholders' equity 50,000 Total assets 60,000 Market price of shares $4 Net income 18,000 Weighted average number of common shares 26,000 What is the basic earnings per share? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $0.44 b $0.69 $1.92 d $1.54
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