Question
Ten years ago, Kronan Corporation earned $0.50 per share. Its earnings this year were $2.8. What was the growth rate in earnings per share (EPS)
Ten years ago, Kronan Corporation earned $0.50 per share. Its earnings this year were $2.8. What was the growth rate in earnings per share (EPS) over the 10-year period?
Select the correct answer.
a. 17.20%
b. 20.40%
c. 18.80%
d. 22.00%
e. 15.60%
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Introductory Financial Accounting For Business
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
2nd Edition
1260575306, 978-1260575309
