Question
Joseph earned $2.50 per share five years ago. Its earnings this year were $4.00. What was the growth rate in earnings per share over the
Joseph earned $2.50 per share five years ago. Its earnings this year were $4.00. What was the growth rate in earnings per share over the 5-year period?
| a. | 12% | |
| b. | 9.86% | |
| c. | 7.50% | |
| d. | 8.97% | |
| e. | None of these are correct |
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
