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Platinum Company reports net income of $870,000 for 2018 and declared a cash dividend of $2.8 per share on each of its 270,000 shares of

Platinum Company reports net income of $870,000 for 2018 and declared a cash dividend of $2.8 per share on each of its 270,000 shares of common stock outstanding. What are earnings per share for 2018?

Multiple Choice

  • $0.42 per share.

  • $2.80 per share.

  • $3.22 per share.

  • $6.02 per share.

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