Earnings per share problem

Reference no: EM13128594

For 2010 Kuhlman Corporation reported net income of $28,000; net sales $400,000; and average share outstanding 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

Reference no: EM13128594

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