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Company X Has Net Sales Revenue of $780,000,cost of Goods

Question 46

Multiple Choice

Company X has net sales revenue of $780,000,cost of goods sold of $343,200 and all other expenses of $327,600 for the current year.At the beginning of the year,503,000 shares of common shares were outstanding,and,at the end of the year,537,000 shares of common shares were outstanding.The basic EPS for the company is:


A) $1.50
B) $0.84
C) $0.21
D) $0.87

Correct Answer:

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