titans2008
Jun 19, 2008, 12:31 PM
Hello,
I am working on: earnings per share, and earnings per ratio. I have completed the following question, and would like my work to be checked for accuracy.
NET SALES 816,163 (2001), 837,627 (2000)
NET INCOME 58,375 (2001) 80,999 (2000)
TOTAL ASSETS 647,602 (2001) 630,934 (2000)
SHARE INFORMATION
Shares outstanding at year end 66,990,484 (2001) 68,843,722 (2000)
Year-end stock price per share 19.15 (2001) 18.63 (2000)
Preferred dividends 0 0
THERE WERE 71,002,196 SHARES OUTSTANDING AT THE END OF 1999.
completed question:
(A) Earnings per share 2001 2000
58375
66990484= 1147.59 80,999
68843722+71002196/2= 863.26
69922959
(B) Price-Earnings Ratio 2001 2000
19.15/1147.59= 59.93 18.63/863.26=46.34
Please let me know if this is correct!
I am working on: earnings per share, and earnings per ratio. I have completed the following question, and would like my work to be checked for accuracy.
NET SALES 816,163 (2001), 837,627 (2000)
NET INCOME 58,375 (2001) 80,999 (2000)
TOTAL ASSETS 647,602 (2001) 630,934 (2000)
SHARE INFORMATION
Shares outstanding at year end 66,990,484 (2001) 68,843,722 (2000)
Year-end stock price per share 19.15 (2001) 18.63 (2000)
Preferred dividends 0 0
THERE WERE 71,002,196 SHARES OUTSTANDING AT THE END OF 1999.
completed question:
(A) Earnings per share 2001 2000
58375
66990484= 1147.59 80,999
68843722+71002196/2= 863.26
69922959
(B) Price-Earnings Ratio 2001 2000
19.15/1147.59= 59.93 18.63/863.26=46.34
Please let me know if this is correct!