SFC's EPS would be ________ without the addition of expected $1,000,000 in new earnings.
A) $3.80
B) $3.40
C) $5.00
D) $6.40

Question

Quizplus · Accepted Answer

There is no information provided about the current EPS of SFC. Therefore, we cannot determine the EPS without the addition of the expected $1,000,000 in new earnings. However, we can calculate the EPS after the addition of $1,000,000 in new earnings.

If the current number of shares outstanding is not provided, we cannot calculate EPS. As we do not have information about the number of outstanding shares and the current EPS, we cannot calculate the EPS without the addition of expected $1,000,000 in new earnings.

Therefore, the best choice is B, as it does not make a false assumption about the current EPS of SFC.

SFC's EPS Would Be ________ Without the Addition of Expected