Question
The handy dandy corporation has an income statement that indicates that operating income is 2,375,486 and net profit is 1,375,486. In 2011, the corporation had
The handy dandy corporation has an income statement that indicates that operating income is 2,375,486 and net profit is 1,375,486. In 2011, the corporation had 1 million shares of common stock outstanding; in 2012, they had 3 million shares of common stock outstanding. What is this corporation's approximate earnings per share?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
