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Question 19 West, Inc. has a net income of $410,000 for 2010, and there are 130,000 weighted-average shares of common stock outstanding. Dividends declared and
Question 19
West, Inc. has a net income of $410,000 for 2010, and there are 130,000 weighted-average shares of common stock outstanding. Dividends declared and paid during the year amounted to $40,000 on the preferred stock and $96,000 on the common stock. The earnings per share for 2010 is
| A. | $3.15. |
| B. | $0.74. |
| C. | $2.85. |
| D. | $3.01. |
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