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The market data of Company L reads below Please, compute the EPS, earnings per share, and the P/E, price to earnings ratio, of the periods.

The market data of Company L reads below

Please, compute the EPS, earnings per share, and the P/E, price to earnings ratio, of the periods.

2,021

2,020

2,019

Net Income

98,640,000

91,820,000

82,760,000

Share's Market Price

41.2

38.9

37.1

Outstanding Shares

20,500,000

20,500,000

20,500,000

EPS

P/E

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ANSWER To compute the EPS for each period we divide the net income by the outstanding shares EPS ... blur-text-image

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