Designs, Inc. had 13,000 shares of $4.4, $100 par preferred stock and 85,000 shares of...
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| Designs, Inc. had 13,000 shares of $4.4, $100 par preferred stock and 85,000 shares of common stock outstanding throughout 2015. During 2015, Designs declared a dividend of $4.4 per share on its common stock. Compute earnings per share for 2015 if Designs' income statement showed net income of $600,000. |
A. $4.40 per share.
B. $6.12 per share.
C. $6.39 per share.
D. $7.06 per share.
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