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Bear Stearns & Co 1) What was the effect on 1988 earnings per share, of the non-recurring items: area development fees and initial franchise fees?
Bear Stearns & Co
1) What was the effect on 1988 earnings per share, of the non-recurring items: area development fees and initial franchise fees?
2) What would BV's 1988 earnings per share be after all of the above adjustments?
3) Ignoring #3 above, what would BV's 1988 earnings per share be after the above adjustments?
4) What would BV's Price/Earnings ratio be, given all of the above adjustments (including #3)?
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