Financial information for Retro Designs includes the following selected data:    Net income (in millions)$175 Preferred stock dividends (in millions)$25 Average common shares outstanding (in millions) 250 Stock price$10.00 What is the company's earnings per share?

A. $0.60.
B. $0.70.
C. $0.05.
D. $0.50.


Answer: A

Business

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