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    gwood2's Avatar
    gwood2 Posts: 6, Reputation: 1
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    #1

    Sep 24, 2009, 01:43 PM
    Earnings per share
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 24, 2009, 04:03 PM

    Please see the guidelines for posting homework problems:
    Ask Me Help Desk - Announcements in Forum : Homework Help

    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.

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