Question
S13-10 (Learning Objective 5: Compute EPS and the price/earnings ratio) The annual report of Feeney Cars, Inc., for the year ended December 31, 2012, included
S13-10
(Learning Objective 5: Compute EPS and the price/earnings ratio) The annual report of Feeney Cars, Inc., for the year ended December 31, 2012, included the following items (in millions):
| Preferred stock outstanding, 3% | $700 |
| Net income | $600 |
| Number of shares of common stock outstanding | 70 |
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Authors: Tom Litton, Poppy Behrens, Erica Shatzer, George Bernal
1st Edition
0977157814, 978-0977157815
