Solved

Selected Items from the Financial Statements from Nellie Company Are  Retained Earnings $100,000 Net Income $50,000 Dividends $75,000\begin{array}{ll}\text { Retained Earnings } & \$ 100,000 \\\text { Net Income } & \$ 50,000 \\\text { Dividends } & \$ 75,000\end{array}

Question 52

Multiple Choice

Selected items from the financial statements from Nellie Company are listed below:  Retained Earnings $100,000 Net Income $50,000 Dividends $75,000\begin{array}{ll}\text { Retained Earnings } & \$ 100,000 \\\text { Net Income } & \$ 50,000 \\\text { Dividends } & \$ 75,000\end{array} Nellie Company has 5,000 shares of common stock outstanding. Nellie's earnings per share are:


A) $15.00
B) $20.00
C) $25.00
D) $10.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents