Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Brief Exercises: BE2-3

Answer

\$0.66 per share

Work Step by Step

Use the equation below to solve: $eps=\frac{net\ income-preferred\ dividends}{outstanding\ shares}$ $eps=\frac{220-0}{333}=0.66$
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