Financial statements for Larkins Company appear below:

Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.

-Larkins Company's earnings per share of common stock for Year 2 was closest to:
A) $25.00
B) $17.50
C) $7.21
D) $16.83

Question

Financial statements for Larkins Company appear below:

Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.

-Larkins Company's earnings per share of common stock for Year 2 was closest to:
A) $25.00 
B) $17.50 
C) $7.21 
D) $16.83

Quizplus · Accepted Answer

The Answer of Financial statements for Larkins Company appear below:

Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.

-Larkins Company's earnings per share of common stock for Year 2 was closest to:
A) $25.00 
B) $17.50 
C) $7.21 
D) $16.83

Financial Statements for Larkins Company Appear Below