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- Red Company reports net income of $1,800,000 for 2021. It declares and pays preferred shares dividends of $400,000 and ordinary share dividends 300,000 for

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- Red Company reports net income of $1,800,000 for 2021. It declares and pays preferred shares dividends of $400,000 and ordinary share dividends 300,000 for the year. The weighted-average number of ordinary shares outstanding during the year is 200,000 shares Red Company's earnings per share for 2021 is: O A $9.0 per share. OB 57.5 per share OCS5.5 per share OD S7.0 per share

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