RDJ Manufacturing had 300 million shares of stock outstanding at the end of 2015. During 2015, the company reported net income of $600 million, retained earnings of $900 million, and $240 million
In dividends paid. What is RDJ's earnings per share?
A) $0.50
B) $0.67
C) $0.80
D) $1.25
E) $2.00
Correct Answer:
Verified
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