Selected Items from the Financial Statements from Nellie Company Are $\begin{array}{ll}\text { Retained Earnings } & \$ 100,000 \\\text { Net Income } & \$ 50,000 \\\text { Dividends } & \$ 75,000\end{array}$

Selected items from the financial statements from Nellie Company are listed below: $\begin{array}{ll}\text { Retained Earnings } & \$ 100,000 \\\text { Net Income } & \$ 50,000 \\\text { Dividends } & \$ 75,000\end{array}$ Nellie Company has 5,000 shares of common stock outstanding. Nellie's earnings per share are:

A) $15.00
B) $20.00
C) $25.00
D) $10.00

Correct Answer:

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