Calculate Earnings Per Share -
Chuck Limited provides you the following information:
• Net Income $100,000;
• Preferred Dividend $50,000;
• the Average Outstanding Shares of Common Stock is 50,000 Shares;
• Current Assets = $50,000;
• Current Liabilities = $25,000;
• Total Assets = $535,000; Total Debt = $500,000
Chuck Limited's Earnings Per Share Ratio (EPS) is:
$1.00
$0.50
$0.20
$2.00