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Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's

Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total shockholdersey at the end of th year was $1021000 and at the beginning of the year was $1010000 Net income for the year was $12500 Dividends on common stock during the year totted $4500 The market price of coat the of the year was $3.76 per share The company's earnings per share is closest to Mutiple Choice 1737 per sh 50.45p $0.30 per share 50 per share Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total mockholder eputy at the of the year was $1,023,000 and at the beginning of the year was $1,010,000 Net income for the year was $17500 Dividends on common stock during the year totaled $4500 The market price if common stock at the end of the year was $3.76 per share The company's earnings per share is closest to Multiple Choice O $737 per share 50 45 per share $0.30 per share 5019 per image text in transcribedimage text in transcribed

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