Question
Use the following financial information for Samsung. Net income less dividends available to preferred shares (in millions) 19,647,146 Number of common shares outstanding (in millions)
Use the following financial information for Samsung.
| Net income less dividends available to preferred shares (in millions) | 19,647,146 | ||
| Number of common shares outstanding (in millions) | 122.698 | ||
| Weighted-average common shares outstanding (in millions) | 124.375 | ||
| Equity applicable to common shares (in millions) | 192,843,566 | ||
Required:
1. Compute book value per share for Samsung.
2. Compute earnings per share (EPS) for Samsung.
3. If Samsung buys back outstanding shares from investors, would we expect EPS to increase or decrease from the buyback?
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A Communication Audit Handbook Helping Organizations Communicate
Authors: Seymour Hamilton
1st Edition
0801300614, 978-0801300615
