Question
Evaluate the earnings per share (EPS) of three companies based on their financial data: Company Net Income (in millions) Number of Outstanding Shares (in millions)
Evaluate the earnings per share (EPS) of three companies based on their financial data:
Company | Net Income (in millions) | Number of Outstanding Shares (in millions) | EPS |
Coca-Cola | $5,000 | 4,000 | ? |
Johnson & Johnson | $10,000 | 2,000 | ? |
Tesla | $2,000 | 1,000 | ? |
Requirements:
- Calculate the EPS for each company.
- Interpret the EPS values and discuss the profitability per share for each company.
- Compare the EPS values and analyze the earnings performance of each company.
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Financial Accounting
Authors: Walter T. Harrison, Charles T. Horngren
7th edition
0135012848, 978-0135012840
