Homework Answers
Correct answer--------------(d) $150
Working
| Net Income for Common Stockholder | $ 30,000.00 |
| Divided by: Common Shares outstanding | 200 |
| Earnings Per Share | $ 150.00 |
..
| Stockholder's equity at year end | $ 60,000.00 |
| Add: Dividends | $ 10,000.00 |
| Less: Stockholder's equity at beginning | $ 40,000.00 |
| Net income | $ 30,000.00 |
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