{"id":28816,"date":"2015-06-05T02:00:29","date_gmt":"2015-06-05T09:00:29","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=28816"},"modified":"2015-06-04T14:31:22","modified_gmt":"2015-06-04T21:31:22","slug":"gmat-question-of-the-day-june-5","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/gmat-question-of-the-day-june-5\/","title":{"rendered":"GMAT Question of the Day (June 5)"},"content":{"rendered":"

Math<\/strong><\/p>\n

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?<\/p>\n

A. 1.75
\nB. 2.40
\nC. 3.15
\nD. 3.60
\nE. 4.85<\/p>\n

Question Discussion & Explanation<\/a>
\nCorrect Answer<\/strong> - E -<\/span> (click and drag your mouse to see the answer)<\/div>\n
\n
GMAT Daily Deals<\/div>\n