Corporation B reported earnings per share of $10. Corporation B has 10

Corporation B reported earnings per share of $10. Corporation B has 100,000 shares of common
stock outstanding and reported an increase in owners’ equity of $400,000 for the period.
Corporation B paid $50,000 in interest expense during the period.

Corporation B paid dividends per
share of
A) $14.003. B) $6.00. C) $5.50. D) $6.50.

ANSWER

B