{"id":9503,"date":"2011-12-14T02:00:31","date_gmt":"2011-12-14T09:00:31","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=9503"},"modified":"2011-12-14T05:56:24","modified_gmt":"2011-12-14T12:56:24","slug":"gmat-question-of-the-day-dec-14-word-problem-and-sentence-correction","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/gmat-question-of-the-day-dec-14-word-problem-and-sentence-correction\/","title":{"rendered":"GMAT Question of the Day (Dec 14): Word Problem and Sentence Correction"},"content":{"rendered":"

Math (PS)<\/strong><\/p>\n

A corporation with 5,000,000 shares of publicly listed stock reported total earnings of $7.20 per share for the first 9 months of operation. During the final quarter the number of publicly listed shares was increased to 10,000,000 shares, and fourth quarter earnings were reported as $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
\n(B) 2.40
\n(C) 3.15
\n(D) 3.60
\n(E) 4.85<\/p>\n

\n
GMAT Daily Deals<\/div>\n