Presented below are selected data from the financial statements of Russell Corp. for 2014 and 2013. $\begin{array}{lrr}&2014&2013\
\text { Net income } & \$ 100,000 & \$ 123,000 \
\text { Cash dividends paid on preferred stock } & \$ 12,000 & \$ 15,000 \
\text { Cash dividends paid on common stock } & \$ 42,000 & \$ 38,000 \
\text { Weighted average number of common shares outstanding } & \$ 105,000 & \$ 95,000
\end{array}$ Earnings per share is reported on the 2014 income statement as
A) $ 0.44.
B) $ 0.55.
C) $ 0.84.
D) $ 0.95.

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The Answer of Presented below are selected data from the financial statements of Russell Corp. for 2014 and 2013. $\begin{array}{lrr}&2014&2013\
\text { Net income } & \$ 100,000 & \$ 123,000 \
\text { Cash dividends paid on preferred stock } & \$ 12,000 & \$ 15,000 \
\text { Cash dividends paid on common stock } & \$ 42,000 & \$ 38,000 \
\text { Weighted average number of common shares outstanding } & \$ 105,000 & \$ 95,000
\end{array}$ Earnings per share is reported on the 2014 income statement as
A) $ 0.44.
B) $ 0.55.
C) $ 0.84.
D) $ 0.95.

Presented Below Are Selected Data from the Financial Statements of Russell