The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010: * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. The earnings per share for Dunkin Company for 2011, was:
A)9.50.
B)1.16.
C)7.00.
D).70.

Question

The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010:  * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. The earnings per share for Dunkin Company for 2011, was:
A)9.50. 
B)1.16. 
C)7.00. 
D).70.

Quizplus · Accepted Answer

The Answer of The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010:  * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. The earnings per share for Dunkin Company for 2011, was:
A)9.50. 
B)1.16. 
C)7.00. 
D).70.

The Following Data Represent Selected Information from the Comparative Income