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One item is filed under this topic.
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Average annual earnings per share |
2007-08-07 |
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From Arul:
A corporation with 5,000,000 shares of publicly listed stock reported total earnings of $7.20 per share for the first 9 months of operation. During the final quarter the number of publicly listed shares was increased to 10,000,000 shares, and fourth quarter earnings were reported as $1.25 per share. What are the average annual earnings per share based on the number of shares at the end of the year?
Answered by Stephen La Rocque. |
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