Finding out the earnings per share


For 2010, Kuhlman Corporation reported net income of $28,000; net sales $400,000; and average shares outstanding of 6,000. There were no preferred stock dividends. What was the 2010 earnings per share?

A) $4.67

B) $0.25

C) $66.67

D) $14.86

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Finding out the earnings per share
Reference No:- TGS0528248

Expected delivery within 24 Hours