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Partridge Company provides the following information for the year 2014: Net income: $31,200 Market price of common stock: $12.00/share Dividends paid: $0.80/share Common stock outstanding

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Partridge Company provides the following information for the year 2014: Net income: $31,200 Market price of common stock: $12.00/share Dividends paid: $0.80/share Common stock outstanding at January 1, 2014: 110,000 shares Common stock outstanding at December 31, 2014: 150,000 shares (No preferred stock issued) How much was the earnings per share for 2014? $0.21 0 $0.28 O $0.24 O $4.05

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