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Question 7 0.5 pts A company's financial records report the following: Average assets, $80,000 Average equity, $39,000 Current assets, $16,000 Current liabilities, $8,000 Dividends paid

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Question 7 0.5 pts A company's financial records report the following: Average assets, $80,000 Average equity, $39,000 Current assets, $16,000 Current liabilities, $8,000 Dividends paid to preferred stockholders, $2,000 Net income, $23,000 Beginning common shares outstanding was 8,000 and ending common shares outstanding was 12,000. What is the darnings per share (rounded to two decimal places)? $2.10 $0.26 $1.75 $1.50 $2.30

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