HNW Manufacturing, Inc. has 270,000 shares of stock outstanding. The firm paid out $270,000 in dividends, $195,000 in interest, and added $175,000 to retained earnings for the year. What is the amount of the earnings per share?
A) $0.70
B) $0.78
C) $1.37
D) $1.43
E) $1.65
Correct Answer:
Verified
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