Business, 25.03.2021 06:00, bankscorneliuso39

Barbur, Inc. reported net income of $20.35 million. During the year the average number of common shares outstanding was 3.7 million. The price of a share of common stock at the end of the year was $5. There were 680,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is non-cumulative. 1A. Use the information above, the EPS is approximately:.
a. $0.40.b. $1.76.c. $1.86.d. $2.00.
1B. Use the information above, the Price/Earnings ratio is approximately:.a. 2.00.b. 2.50.c. 2.84.d. 12.50.

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Barbur, Inc. reported net income of $20.35 million. During the year the average number of common sha...