Question
The Bouchard Company's EPS was $6.50 in 2021, up from $4.42 in 2016. The company pays out 30% of its earnings as dividends, and its
The Bouchard Company's EPS was $6.50 in 2021, up from $4.42 in 2016. The company pays out 30% of its earnings as dividends, and its common stock sells for $38.00.
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Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places.
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
