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gwood2
Sep 24, 2009, 01:43 PM
The following information is available for Tiger Golf Company for the years 2006 and 2005. (Dollars are in thousands, except share information.)


2006 2005
Net sales $1,061,840 $1,057,345
Net income (loss) 40,108 19,528
Total assets 896,667 862,452


Share information
Shares outstanding at year-end 68,510,959 74,333,899
Preferred dividends -0- -0-

There were 69,753,437 shares outstanding at the end of 2004.

What was the company's earnings per share for each year? (Round to 2 decimal places, e.g. 0.25.)

2006 $
2005 $

morgaine300
Sep 24, 2009, 04:03 PM
Please see the guidelines for posting homework problems:
Ask Me Help Desk - Announcements in Forum : Homework Help (http://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)

We're not here just to do your workfor you. Yes, I know two people have outright given you solutions but that's against the guidelines here. Please show your attempts at doing the problem first.