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Tim has gathered the following information on the Samson Company: Sales = $750,000; Dividends paid on common stock = $250,000; Net profit margin = 6
Tim has gathered the following information on the Samson Company: Sales = $750,000; Dividends paid on common stock = $250,000; Net profit margin = 6 percent; Number of shares outstanding = 250,000; What is the earnings per share for the Samson Company?
a. | $0.18. | |
b. | $0.12. | |
c. | $1.00. | |
d. | $3.00. |
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