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ABC Corporation Has 2 Million Shares Outstanding

Question 56

Multiple Choice

ABC Corporation has 2 million shares outstanding. The corporation's after-tax earnings for 2004 were $2.75 million. What is ABC's EPS for 2004?


A) $2.0
B) $0.75
C) $1.0
D) $2.75
E) $.50

Correct Answer:

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