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What is cvb earnings per share

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Reference no: EM132498642

CVB Corporation has provided the following information:

Weighted average number of outstanding common shares, 196,000
Net income, $470,400
Number of authorized common shares, 395,000
Number of treasury shares, 24,000

Question 1: If CVB has issued 220,000 shares, what is CVB's earnings per share (EPS)?

Option 1: $2.14

Option 2: $2.40

Option 3: $1.19

Option 4: $1.27

Reference no: EM132498642

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