Kim has gathered the following information on a company. $$\begin{array} { l l }
\hline \text { Sales } & \$ 640,000 \
\text { Dividends paid on } & \$ 18,000 \
\text { ordinary share } & \
\text { Net profit margin }&5 \% \
\text { Number of shares } &128,000\
\text { outstanding }\
\hline
\end{array}$$ What is the amount of the earnings per share?
A) $0.28
B) $0.30
C) $0.14
D) $0.25

Question

Kim has gathered the following information on a company. $$\begin{array} { l l } 
\hline \text { Sales } & \$ 640,000 \
\text { Dividends paid on } & \$ 18,000 \
\text { ordinary share } & \
\text { Net profit margin }&5 \%  \
\text { Number of shares } &128,000\
\text { outstanding }\
\hline
\end{array}$$ What is the amount of the earnings per share?
A) $0.28
B) $0.30
C) $0.14
D) $0.25

Quizplus · Accepted Answer

The Answer is D

Kim Has Gathered the Following Information on a Company What Is the Amount of the Earnings Per Share? A)

Kim Has Gathered the Following Information on a Company What Is the Amount of the Earnings Per Share?
A)