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1. Clem Companys stock sells for $15 per share. The company has $50 million in...

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Accounting

1. Clem Companys stock sells for $15 per share. The company has $50 million in earnings. At the beginning of the year they had 102 million shares issued and 4 million of treasury stock and at the end of the year they had 106 million shares issued and 4 million in treasury stock. The Earnings per Share ratio for the company is closest to: A. $0.48 B. $0.50 C. $0.47 D. $0.49

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