Question
Company Facebook, Inc. reported net income of $29.15 billion for the fiscal year ended December 31, 20X4. Calculate the earnings per share (EPS) for Facebook,
Company Facebook, Inc. reported net income of $29.15 billion for the fiscal year ended December 31, 20X4. Calculate the earnings per share (EPS) for Facebook, Inc., assuming it has 2.5 billion outstanding shares of common stock. Prepare the relevant income statement disclosure for EPS. Discuss the significance of EPS in financial analysis and its implications for shareholder value.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
