Earnings per share of alphonse


Problem:

Alphonse Inc. has a return on equity of 23 percent, 60,000 shares of stock outstanding, and a net income of $161,000.

Required:

Question: What are earnings per share?

Note: Please provide reasons to support your answer.

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Finance Basics: Earnings per share of alphonse
Reference No:- TGS0879721

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