What is Falwell's basic earnings per share for 2016,rounded to the nearest cent?
A)$3.14.
B)$4.40.
C)$5.00.
D)None of these answer choices is correct.

Question

Quizplus · Accepted Answer

The basic earnings per share for 2016 can be calculated by taking the net income of $44,000,000 and dividing it by the weighted average number of shares outstanding of 10,000,000. This gives a basic earnings per share of $4.40, rounded to the nearest cent. Therefore, the correct answer is B.

What Is Falwell's Basic Earnings Per Share for 2016,rounded to the Nearest