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E connect ACCOUNTING Ch. 19 Test 5. o00 polmnts Brief Exercise 19-11 EPS; shares issued, shares retired [LO19-5, 19-6 McDonnell-Myer Corporation reported net income of
E connect ACCOUNTING Ch. 19 Test 5. o00 polmnts Brief Exercise 19-11 EPS; shares issued, shares retired [LO19-5, 19-6 McDonnell-Myer Corporation reported net income of $3,180 million. The company had 584 million common shares outstanding at January 1 and sold 24 million shares on Feb 28. As part of an annual share repurchase plan, 6 million shares were retired on Apnil 30 for $43 per share Calculate McDonnell-yer's eamings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) References eBook & Resources Worksheet Brief Exercise 19-11 EPS, shares issued, shares ro LO19.5. 19-6 TOSHIBA esc
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