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Anjou Company Had 10,000 Shares of Common Stock Outstanding at December

Question 66

Multiple Choice

Anjou Company had 10,000 shares of common stock outstanding at December 31,2018 and 14,000 shares of common stock outstanding at December 31,2019.Anjou had sales of $3,600,000 in 2019 and net income of $280,000 in 2019.What is the earnings per share amount reported for Anjou in 2019?


A) $7.78
B) $9.36
C) $20.00
D) $23.33

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