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General Motors wants to compute the companys earnings per share for 2020. To do this they will: determine the working capital and divide this number

General Motors wants to compute the companys earnings per share for 2020. To do this they will:

  1. determine the working capital and divide this number by the number of shares of common stock outstanding
  2. determine the gross profit and divide this number by the number of shares of common stock issued in the last two (2) years
  3. determine the companys operating income and divide this number by the number of shares of common stock outstanding
  4. determine the companys net income and divide this number by the number of shares of common stock outstanding
  5. determine the owners equity in the company and divide this number by the original number of shares of common stock issued

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