Presented below are selected data from the financial statements of Hamilton Corp. for 2017 and 2016.
Earnings per share (EPS) is reported on the 2017 income statement as:
A) $1.80
B) $2.10
C) $2.88
D) $2.90

Name: Presented below are selected data from the financial statements of Hamilton Corp. for 2017 and 2016. Earnings per share (EPS) is reported on the 2017 income statement as: A) $1.80 B) $2.10 C) $2.88 D) $2.90
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Question

Presented below are selected data from the financial statements of Hamilton Corp. for 2017 and 2016.
 Earnings per share (EPS) is reported on the 2017 income statement as:
A) $1.80 
B) $2.10 
C) $2.88 
D) $2.90

Quizplus · Accepted Answer

EPS = Net income of $150,000 / 52,000 shares = $2.88

Presented Below Are Selected Data from the Financial Statements of Hamilton