Question
For the most recent fiscal year, Wal-Mart had earnings per share (EPS) of $5.13 and dividends per share of $1.59.The return on equity (ROE) for
For the most recent fiscal year, Wal-Mart had earnings per share (EPS) of $5.13 and dividends per share of $1.59.The return on equity (ROE) for the firm is 18%, but is expected to increase during the coming year to 21%.Based on this information, calculate the fundamental growth in EPS for Wal-Mart in the coming year.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
