HBB Manufacturing, Inc., has 275,000 shares of stock outstanding. The firm paid out $275,000 in dividends, $195,000 in interest, and added $150,000 to retained earnings for the year. What is the amount of the earnings per share?
A) $.70
B) $.78
C) $1.55
D) $1.63
E) $1.76
Correct Answer:
Verified
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