Question
McDonnell-Myer Corporation reported net income of $645 million. The company had 413 million common shares outstanding at January 1 and sold 30 million shares on
McDonnell-Myer Corporation reported net income of $645 million. The company had 413 million common shares outstanding at January 1 and sold 30 million shares on Feb. 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $25 per share.
Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
| McDonnell-Myer Corporation reported net income of $645 million. The company had 413 million common shares outstanding at January 1 and sold 30 million shares on Feb. 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $25 per share. |
| Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
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Conservation Easement Audit Techniques Guide
Authors: U.S. Internal Revenue Service
1st Edition
0359516998, 978-0359516995
