Question
Facebook, Inc. reports a net income of $20,000,000 for the fiscal year. If the company has 3,000,000 shares outstanding, calculate the earnings per share (EPS)
Facebook, Inc. reports a net income of $20,000,000 for the fiscal year. If the company has 3,000,000 shares outstanding, calculate the earnings per share (EPS) for Facebook Inc. Interpret the EPS figure in the context of shareholder value.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
