Question
Corrected Question I have a 5 year partial financial summary; adapted... I am to find the EPS for 5 consecutive years. However, the only information
Corrected Question
I have a 5 year partial financial summary; adapted... I am to find the EPS for 5 consecutive years. However, the only information listed for stocks is the per share of common stock- net income and dividends . How do I compute the outstanding weighted common stock with only this information? Previous answer is incorrect.
Listed on partial financial summary is:
Net income- 1.70, 1.40, 1.30, 1.10, 0.88
Dividends- 0.35, 0.33, 0.29, 0.25, 0.21
Stockholder's Equity- 52,400, 45,700, 43,200, 34,200, 35,000
Rate of return on Stockholder's Equity- 54.1%, 25.4%, 22.6%, 12.6%, 12.1%
these are given numbers for 5 years- 2020-2016
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