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Using the following balance sheet and income statement data, what is the earnings per share? Current assets $22400 Net income $45500 Current liabilities 9600 Stockholders'
Using the following balance sheet and income statement data, what is the earnings per share?
Current assets | $22400 | Net income | $45500 | |
---|---|---|---|---|
Current liabilities | 9600 | Stockholders' equity | 67000 | |
Average assets | 140000 | Total liabilities | 30000 | |
Total assets | 88200 |
Average common shares outstanding was 18000.
$2.53
$3.72
$0.33
$0.52
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