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    mmsb1078's Avatar
    mmsb1078 Posts: 1, Reputation: 1
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    #1

    Sep 17, 2007, 11:14 AM
    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.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 18, 2007, 12:27 AM
    What do you think the answers are?

    Make an attempt, then we will assist you.
    tdjohnson's Avatar
    tdjohnson Posts: 3, Reputation: 1
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    #3

    Mar 18, 2008, 09:40 AM
    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
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