Canfield Corporation reports net income of $600,000 for the year ended December 31,2017.The number of common shares outstanding for 2017 is 125,000.The dividend per share paid to shareholders during 2017 was $75.What is the earnings per share?
A) $8.00
B) $4.80
C) $15.63
D) $0.21
Correct Answer:
Verified
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