Select the correct answer. Libby bought 250 stocks of a company named Xylet last year. Xylet's total earning for the year is $ 4million and it has 1,000,000 outstanding
stocks. What is Xylet's Earning per share (EPS)?
OA. 4
OB. 0.04
C. 40
OD
400

Stocks = 250

Net income = $4,000,000

Outstanding Shares = $1,000,000

Earnings Per Share = ?

Formula: EPS = Net Income / Outstanding Shares

Solution: EPS = Net Income / Outstanding Shares

= $4,000,000 / $1,000,000

= 4

Earnings Per Share = 4

congruent segments

step-by-step explanation:

answer: its the third option.

step-by-step explanation:

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