Earnings Per Share (EPS) Answer Key Year 1 EPS $2.00 per share Year 2 EPS $1.09 per
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Earnings Per Share (EPS)
Answer Key
Year 1 EPS $2.00 per share
Year 2 EPS $1.09 per share
Year 1 reported in Year 2 $1.00 per share
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Company had 202,000 CS shares O/S at 1/1/Y1. Following is info for Year 1 & Year 2. 3 are no potential common shares outstanding. 4 5 2/28/Y1 reacquired 6K shares of treasury stock 6 10/31/Y1 reissued all treasury shares reacquired on 2/28/Y1 7 11/30/Y1 issued 24K new shares 8 12/31/Y1 net income for Year 1 is $400K 9 10 Calculate Basic EPS for Year 1. There Company had 202,000 CS shares O/S at 1/1/Y1. Following is info for Year 1 & Year 2. 3 are no potential common shares outstanding. 4 5 2/28/Y1 reacquired 6K shares of treasury stock 6 10/31/Y1 reissued all treasury shares reacquired on 2/28/Y1 7 11/30/Y1 issued 24K new shares 8 12/31/Y1 net income for Year 1 is $400K 9 10 Calculate Basic EPS for Year 1. There
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Related Book For
Operations and Supply Chain Management
ISBN: 978-1118738542
8th edition
Authors: Roberta S. Russell, Bernard W. Taylor
Posted Date:
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