The Handy Dandy Corporation has an income statement that indicates that Earnings Before
Taxes is $2,375,486 and it pays taxes at 35% of earnings. It currently has 1 million shares of
common stock outstanding and does not issue preferred stock.
What is this corporation's
approximate Earnings per Share?
A) $0.65 B) $1.54 C) $2.38 D) $0.42
B
Business