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MasterCracked Manufacturing Has After-Tax Profits That Total $725,000

Question 100

Multiple Choice

MasterCracked Manufacturing has after-tax profits that total $725,000.If the firm has 250,000 shares, what is the amount of earnings per share?


A) $1.25
B) $2
C) $2.90
D) $2.50
E) It is impossible to calculate earnings per share with this information.

Correct Answer:

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