A firm has 5
Subject:FinancePrice: Bought3
A firm has 5.5million shares outstanding in the first quarter of its fiscal year; has 3.9million shares outstanding in the second quarter of its fiscal year; has 3.6million shares outstanding in the second half of its fiscal year. The firm’s net income distributable to its shareholder is $1.2 million. The firm does not have convertible bonds or options. Please compute its EPS.
A: 0.34
B: 0.29
C: 0.35
