Quark Company earned $90,000 in income and paid cash dividends of $10,000 to preference shareholders during the current year. Quark had 12,500 weighted-average ordinary shares outstanding for the year. Calculate the company's earnings per share.

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The Answer of Quark Company earned $90,000 in income and paid cash dividends of $10,000 to preference shareholders during the current year. Quark had 12,500 weighted-average ordinary shares outstanding for the year. Calculate the company's earnings per share.

Quark Company Earned $90,000 in Income and Paid Cash Dividends