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GMAT Club

GMAT Question of the Day (June 5)

Jeff 0

Math

A corporation with 5,000,000 shares of publicly traded stock reported total earnings of $7.20 per share for the first 9 months of operation. If during the final quarter, the number of publicly listed shares was increased to 10,000,000, and fourth quarter earnings were reported at $1.25 per share, what are the average annual earnings per share based on the number of shares at the end of the year?

A. 1.75
B. 2.40
C. 3.15
D. 3.60
E. 4.85

Question Discussion & Explanation
Correct Answer - E - (click and drag your mouse to see the answer)
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Verbal

After moving to Switzerland in the 1890’s, Albert Einstein attended the Swiss Federal Polytechnic School in Zurich, receiving in-depth training in quantitative analysis and developing a foundation for his future work in mathematical physics.

A. attended the Swiss Federal Polytechnic School in Zurich, receiving in-depth training in quantitative analysis and developing

• attended the Swiss Federal Polytechnic School in Zurich, receiving in-depth training in quantitative analysis and developed

• attended the Swiss Federal Polytechnic School in Zurich, received in-depth training in quantitative analysis, and he developed

• attended the Swiss Federal Polytechnic School in Zurich, received in-depth training in quantitative analysis, developing

• attending the Swiss Federal Polytechnic School in Zurich, receiving in-depth training in quantitative analysis, and developing

Question Discussion & Explanation
Correct Answer - A - (click and drag your mouse to see the answer)