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How to evaluate earnings per share

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Question 1: Total revenues and net income for 2017 for Tiger-Cat Corporation is $3,000,000 and $200,000, respectively. Tiger-Cat Corporation has had 400,000 common shares of stock outstanding for all of 2017. The selling price of Tiger-Cat Corporation common shares on December 31, 2017, is $15. Earnings per share for 2017 is:

Select one:

Option a. $7.50

Option b. $30.00

Option c. $7.00

Option d. $0.50

Reference no: EM132570204

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