Problemthe closet shoppe has total sales of 713200 and a, Ask an Expert

Accounting

Problem:

The Closet Shoppe has total sales of $713,200 and a profit margin of 5.8 percent. Currently, the firm has 12,500 shares outstanding.

Required:

Question: What are the earnings per share?

$2.98
$3.31
$3.56
$3.89
$4.02

Note: Please show guided help with steps and answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168359

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