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15 Normalized Earnings Using the data in the following data for Magnolia Enterprises Item 2016 2017 2018 2019 EPS $4.20 $3.75 $4.75 $4.30 BVPS
15 Normalized Earnings Using the data in the following data for Magnolia Enterprises Item 2016 2017 2018 2019 EPS $4.20 $3.75 $4.75 $4.30 BVPS $26.02 $27.78 $29.25 $32.29 ROE 14% 12% 16% 14% Calculate the normalized earnings using the method of: a. historical average EPS $ Number Round your answer to two decimals. b. average return on equity $ Number Round your answer to two decimals.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
