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On January 1st 2018 ACME Company had 1000 shares of outstanding stock. On July 1st 2018 ACME Company had a 2 for 1 split. In

On January 1st 2018 ACME Company had 1000 shares of outstanding stock. On July 1st 2018 ACME Company had a 2 for 1 split.

In 2018, ACME reported income of $10,000. What is ACME's earnings per share?

a. $10.00 per share

b. $5.00 per share

c. $6.67 per share

d. none of the above

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