eunion Corporation provides the following information March 31, 2018 358,000 Mar

Question

eunion Corporation provides the following information March 31, 2018 358,000 March 31,2019 425.500 Net Income Preferred Dividends otal Stockholders Equity Stockholders Equity attributable to Preferred Stock Number of Common Shares Outstanding 4130.00 2000 294,464 195,168 Based on the information provided above, compute the earnings per share of Reunion Corporation as of March 31, 2019 (Round any intermediale calculations and your inal ansver to the nearest cent) O A. $1.46 OB. S2 18 OC.$1.74 O D. 1 22 Chcx to select your answer

Explanation / Answer

?EPS = (Net Income – Preferred Dividends) / average Shares Outstanding

= ($425,500 - $0) /[(195,168+294,464)/2]

= $ 1.74

Correct answer is C $ 1.74

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