Kim has gathered the following information on a company. $$\begin{array} { l l }
\text { Sales } & \$ 640,000 \
\text { Dividends paid on common stock } & \$ 18,000 \
\text { Net profit margin } & 5 \% \
\text { Number of shares outstanding } & 128,000
\end{array}$$ What is the amount of the earnings per share?
A) $0.14
B) $0.25
C) $0.28
D) $0.30

Question

Kim has gathered the following information on a company. $$\begin{array} { l l } 
\text { Sales } & \$ 640,000 \
\text { Dividends paid on common stock } & \$ 18,000 \
\text { Net profit margin } & 5 \% \
\text { Number of shares outstanding } & 128,000
\end{array}$$ What is the amount of the earnings per share?
A) $0.14
B) $0.25
C) $0.28
D) $0.30

Quizplus · Accepted Answer

The Answer of Kim has gathered the following information on a company. $$\begin{array} { l l } 
\text { Sales } & \$ 640,000 \
\text { Dividends paid on common stock } & \$ 18,000 \
\text { Net profit margin } & 5 \% \
\text { Number of shares outstanding } & 128,000
\end{array}$$ What is the amount of the earnings per share?
A) $0.14
B) $0.25
C) $0.28
D) $0.30

Kim Has Gathered the Following Information on a Company What Is the Amount of the Earnings Per Share? A)

Kim Has Gathered the Following Information on a Company What Is the Amount of the Earnings Per Share?
A)