Question: value: 2.00 points The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while


value:
2.00 points

The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars.


2010 2011
Revenue $4,000 $4,100
Cost of goods sold 1,600 1,700
Depreciation 500 520
Inventories 300 350
Administrative expenses 500 550
Interest expense 150 150
Federal and state taxes* 400 420
Accounts payable 300 350
Accounts receivable 400 450
Net fixed assets%u2020 5,000 5,800
Long-term debt 2,000 2,400
Notes payable 1,000 600
Dividends paid 410 410
Cash and marketable securities 800 300


* Taxes are paid in their entirety in the year that the tax obligation is incurred.
%u2020 Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed.

Suppose that Fincorp has 500,000 shares outstanding. What were earnings per share? (Round your answers to 2 decimal places.)

Earnings per Share
2010 $
2011

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