ulsa, Inc. provides the following$$ data:

$2025$

$2024$

Cash

$ $142$ comma $000$$$142,000$

$ $129$ comma $000$$$129,000$

Accounts$$ Receivable, Net

$109$ comma $000109,000$

$68$ comma $00068,000$

Merchandise Inventory

$79$ comma $00079,000$

$100$ comma $000100,000$

$$Property$,$ Plant, and$$ Equipment, Net

$189$ comma $000189,000$

$124$ comma $000124,000$

Total Assets

$ $519$ comma $000$$$519,000$

$ $421$ comma $000$$$421,000$

Additional information for the year ending December$31,2025$:

Net Sales Revenue

$ $660$ comma $000$$$660,000$

Cost of Goods Sold

$350$ comma $000350,000$

Interest Expense

$29$ comma $00029,000$

Net Income

$81$ comma $00081,000$

Assume that Tulsa had no preferred stock and that both years the company had

$20$ comma $00020,000$

shares of common stock outstanding. The earnings per share average for the industry is

$ $5\mathrm{.}00$$$5\mathrm{.}00$

per share. How does$$ Tulsa's earnings per share compare to the industry for$2025?($Round your answer to the nearest$$ cent$).$

Question content area bottom

Part $1$

A$.$

$$Tulsa$\text{'}$s earnings per share is

$ $5\mathrm{.}50$$$5\mathrm{.}50$;

which means the company needs to work to increase its net income to compete with the industry average.

B$.$

$$Tulsa$\text{'}$s earnings per share is

$ $5\mathrm{.}50$$$5\mathrm{.}50$;

which means the company is making more net income per share of common stock than the industry average.

C$.$

$$Tulsa$\text{'}$s earnings per share is

$ $4\mathrm{.}05$$$4\mathrm{.}05$;

which means the company needs to work to increase its net income to compete with the industry average.

D$.$

$$Tulsa$\text{'}$s earnings per share is

$ $4\mathrm{.}05$$$4\mathrm{.}05$;

which means the company is making more net income per share of common stock than the industry average.