Excerpts from Stys Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The earnings per share of common stock for Year 2 is closest to:
A) $1.10
B) $1.57
C) $1.85
D) $1.00

Question

Excerpts from Stys Corporation's most recent balance sheet and income statement appear below:  Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The earnings per share of common stock for Year 2 is closest to:
A) $1.10 
B) $1.57 
C) $1.85 
D) $1.00

Quizplus · Accepted Answer

The Answer of Excerpts from Stys Corporation's most recent balance sheet and income statement appear below:  Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The earnings per share of common stock for Year 2 is closest to:
A) $1.10 
B) $1.57 
C) $1.85 
D) $1.00

Excerpts from Stys Corporation's Most Recent Balance Sheet and Income