Shamrock Company had net income of $30,000. On January 1, the number of shares of common...

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Shamrock Company had net income of $30,000. On January 1, the number of shares of common...

Shamrock Company had net income of $30,000. On January 1, the number of shares of common stock outstanding were 8,000. There were no other stock transactions. The company's earnings per share is:

Group of answer choices

$3.75.

$3.00.

$3.33.

$15.00.

business accounting

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Answer 1

Answer #1

Earnings per share EPS = Net earnings / No of shares outstanding

= $30,000/8000

= $3.75

Answer option (a)

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Answer 2

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