The Harbinger Corporation reported net income of $6 million and total assets of $7 million in its current financial statements. During the year, their average number of common shares outstanding was 3 million. The current price of a share of its common stock is $5.

The Harbinger Corporations earnings per share for the current year is approximately:

Select one:

a. $2.00

b. $1.67

c. $0.40

d. $2.33