ABC Inc is a U.S. based company headquartered in West Chester, PA and it has a subsidiary in Izmir, Turkey. 2020 net income in U.S. is $125,000 and 2020 net income in Turkey is TRL640,000. Given the exchange rate of TRL5.6/$, and there are 5,600 shares outstanding, what is the consolidated EPS (EPS=Consolidated Net Income/Shares Outstanding)?

  

1)

141.07

2)

136.61

3)

47.19

4)

42.73

Answer rating: 100% (QA)

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