Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance (https://www.askmehelpdesk.com/forumdisplay.php?f=125)
-   -   Earnings per share (https://www.askmehelpdesk.com/showthread.php?t=130537)

  • Sep 17, 2007, 11:14 AM
    mmsb1078
    Earnings per share
    A company earns $600,000 after taxes in 2006 w/ 300,000 shares of outstanding stock. On 1/1/07 they issued 40,000 new shares, earnings increased by 25% after taxes.

    A) compute earnings per share for 2006 and 2007.
  • Sep 18, 2007, 12:27 AM
    CaptainForest
    What do you think the answers are?

    Make an attempt, then we will assist you.
  • Mar 18, 2008, 09:40 AM
    tdjohnson
    Compute earnings per share for the year 2007 600,000/300,00 = $2 per share
    Compute earnings per share for the year 2007 150,000/40,000 = $3.75 per share

    • All times are GMT -7. The time now is 03:09 PM.