Rye Company has provided the following information: • Number of issued common shares, 225,000
• Net income, $500,000
• Number of authorized common shares, 400,000
• Number of treasury shares, 25,000
What is Rye's earnings per share (EPS)?
A)$2.50
B)$1.25
C)$2.00
D)$1.33

Question

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The Answer of Rye Company has provided the following information: • Number of issued common shares, 225,000
• Net income, $500,000
• Number of authorized common shares, 400,000
• Number of treasury shares, 25,000
What is Rye's earnings per share (EPS)?
A)$2.50
B)$1.25
C)$2.00
D)$1.33

Rye Company Has Provided the Following Information: • Number of Issued