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43 McDonnell-Myer Corporation reported net income of $2,394 million. The company had 526 million common shares outstanding at January 1 and sold 60 million
43 McDonnell-Myer Corporation reported net income of $2,394 million. The company had 526 million common shares outstanding at January 1 and sold 60 million shares on February 28. As part of an annual share repurchase plan, 9 million shares were retired on April 30 for $38 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Earnings per share
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