Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.)
2022 | 2021 | |||
---|---|---|---|---|
Net sales | $ 1,129,000 | $ 1,136,200 | ||
Net income (loss) | 77,979 | 63,168 | ||
Total assets | 855,338 | 838,078 | ||
Share information | ||||
Shares outstanding at year-end | 70,000,000 | 71,780,000 | ||
Preferred dividends | 0 | 0 |
There were 78,620,000 shares outstanding at the end of 2020. (a) What was the companys earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)
2022: $
2021: $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started