Fishing Lures Inc.reported a net income of $15,000.The dividends declared & paid to the common shareholders equaled $5,000.Fishing Lures Inc.had 10,000 shares outstanding all year long.What is Fishing Lures Inc.'s earnings per share?
A) $ .50
B) $ 1.00
C) $ 1.50
D) $ 2.00
Correct Answer:
Verified
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