Brandies, Inc. reported net income of $5.6 million. At the beginning of the year, 6.8 million shares of common stock were outstanding and at the end of the year, 7.2 million shares were outstanding. No dividends were declared. The EPS is approximately:
A. $0.80.
B. $0.70.
C. $0.78.
D. $0.83.
Answer: A
You might also like to view...
When an available-for-sale security is sold, any unrealized gains or losses would need to be reclassified from the Allowance for Change in Fair Value of Investments account in order to avoid double counting any gains or losses recorded in comprehensive income
Indicate whether the statement is true or false
The following diagram would result in a database with how many tables?
A. 6. B. 12. C. 8. D. 10.
Describe at least four advantages of using PL/SQL.
What will be an ideal response?
An assembly line consists of 21 tasks grouped into 5 workstations. The sum of the 21 task times is 85 minutes. The largest assigned cycle time is 20 minutes. What is the efficiency of this line?
A) 4.2 percent B) 17 percent C) 85 percent D) 100 percent E) 21 percent