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DailyFinance.com reported one $40 share of Coca-Colas stock bought in 1919, with dividends reinvested, would be worth $9.8 million today. If the price-earnings ratio was
DailyFinance.com reported one $40 share of Coca-Colas stock bought in 1919, with dividends reinvested, would be worth $9.8 million today. If the price-earnings ratio was 21.40 at that time, what were the annual earnings per share? (Round your answer to the nearest cent.)
Annual earnings per share $
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