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The Net Profit for a Company That Builds Portable Oil

Question 69

Multiple Choice

The net profit for a company that builds portable oil well exploration rigs was $10,000,000 last year.The firm paid out $4,000,000 in dividends and has 2,000,000 shares of common share outstanding.What is its earnings per share?


A) $4
B) $3.00
C) $2.50
D) $5

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