Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Earnings Per Share are:
A) $2.14
B) $2.74
C) $1.83
D) $3.24

Name: Shares outstanding of common stock = 1,000,000 Shares outstanding of preferred stock = 500,000 Market price of common stock = $18. -The Earnings Per Share are: A) $2.14 B) $2.74 C) $1.83 D) $3.24
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Question

Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Earnings Per Share are:
A) $2.14 
B) $2.74 
C) $1.83 
D) $3.24

Quizplus · Accepted Answer

The correct Earnings Per Share (EPS) is $2.74, as it is the value provided in the options.

Shares Outstanding of Common Stock = 1,000,000