Question: Using the following balance sheet and income statement data, what is the earnings per share? Current assets $22400 Net income $45500 Current liabilities 9600 Stockholders'

Using the following balance sheet and income statement data, what is the earnings per share?

Current assets

 $22400

Net income

 $45500

Current liabilities

 9600

Stockholders' equity

 67000

Average assets

 140000

Total liabilities

 30000

Total assets

 88200

Average common shares outstanding was 18000.

$2.53

$3.72

$0.33

$0.52

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