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RDJ Manufacturing had 4 million shares of stock outstanding at the end of 2001. During 2001, the company reported net income of $20 million, retained
RDJ Manufacturing had 4 million shares of stock outstanding at the end of 2001. During 2001, the company reported net income of $20 million, retained earnings of $12 million, and $8 million in dividends paid. What is RDJ's earnings per share?
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
