Using the information given here, what are the earnings per share for DEF Company?
• Earnings = $180,000
• Number of shares outstanding = 60,000
• Price per share = $30
• Book value per share = $10
A) $1.00
B) $2.00
C) $3.00
D) $5.00
E) $6.00
Correct Answer:
Verified
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