What are the earnings per share (EPS) for a company that earned $100,000 last year in after-tax profits, has 200,000 common shares outstanding and $1.2 million in retained earnings at the year end?

a)$100,000

b)$6.00

c)$0.50

d)$6.50

A (n) would be an example of a principal, while a(n) would be an example of an agent.

a)shareholder; manager

b)manager; owner

c)accountant; bondholder

d)shareholder; bondholder