Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's earnings per share for Year 2 is closest to:
A) $0.31 per share
B) $0.47 per share
C) $0.79 per share
D) $3.88 per share

Question

Settles Corporation has provided the following financial data:  Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's earnings per share for Year 2 is closest to:
A) $0.31 per share 
B) $0.47 per share 
C) $0.79 per share 
D) $3.88 per share

Quizplus · Accepted Answer

The Answer of Settles Corporation has provided the following financial data:  Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's earnings per share for Year 2 is closest to:
A) $0.31 per share 
B) $0.47 per share 
C) $0.79 per share 
D) $3.88 per share

Settles Corporation Has Provided the Following Financial Data: Dividends