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Beck Company Has the Following Data Available What Are the Earnings Per Share for Beck Company in Income}

Question 65

Multiple Choice

Beck Company has the following data available:
 Net Income Stockholders’ Equity: Common Stock $5 par Retained Earnings Total Stockholders’ Equity2X132X122X11$64$56$52$50$50$50756040$125$110$90\begin{array}{l}\begin{array}{lll}\\\text { Net Income}\\\\ \underline{\text { Stockholders' Equity:}}\\\text { Common Stock \$5 par}\\\text { Retained Earnings}\\\text { Total Stockholders' Equity}\\\end{array}\begin{array}{lll} \underline{2 X 13}& \underline{2 X 12} & \underline{2 X 11} \\\underline{\$ 64} & \underline{\underline{\$ 56}} & \underline{\underline{\$ 52}}\\\\\\\$ 50 & \$ 50 & \$ 50 \\\underline{75} & \underline{60} & \underline{40} \\\underline{\$ 125} & \underline{\underline{\$ 110}} & \underline{\underline{\$ 90}}\\\end{array}\end{array}
What are the earnings per share for Beck Company in 2X13? Have the earnings per share improved or not improved since 2X12?


A) $1.28,improved
B) $1.28,not improved
C) $6.40,improved
D) $6.40,not improved
E) $12.80,not improved

Correct Answer:

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