HNW Manufacturing,Inc.has 255,000 shares of stock outstanding.The firm paid out $255,000 in dividends,$195,000 in interest,and added $193,700 to retained earnings for the year.What is the amount of the earnings per share?
A) $0.70
B) $0.78
C) $1.47
D) $1.63
E) $1.76
Correct Answer:
Verified
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