Financial statements for Oram Company appear below: Dividends during Year 2 totaled $161 thousand, of which $10 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $610.
-Oram Company's earnings per share of common stock for Year 2 was closest to:
A) $36.38
B) $4.28
C) $37.63
D) $53.75

Question

Financial statements for Oram Company appear below:   Dividends during Year 2 totaled $161 thousand, of which $10 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $610.
-Oram Company's earnings per share of common stock for Year 2 was closest to:
A) $36.38 
B) $4.28 
C) $37.63 
D) $53.75

Quizplus · Accepted Answer

Oram Company's earnings per share of common stock for Year 2 was $36.38.

Financial Statements for Oram Company Appear Below: Dividends