Question
Class, Rock-Dog, Inc. has the following information containing its Shareholders' Equity: * Common Shares authorized: 2 million * Common Shares issued: 1 million * Common
Class, Rock-Dog, Inc. has the following information containing its Shareholders' Equity:
* Common Shares authorized: 2 million
* Common Shares issued: 1 million
* Common Shares held as Treasury Stock: 250,000
How many shares of Rock-Dog, Inc. are issued and outstanding? If the company had income of $3 million for 2010, and its shares authorized, issued and outstanding hasn't changed all year, can you calculate the company's simple earnings per share? If the company's shares are trading at $24 per share, what is the company's current P/E Multiple? (You must answer all questions to received credit).
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