Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ company had additions to retained earnings for the year just ended of $277188. The firm paid out $181832 in cash dividends, and it has

image text in transcribed XYZ company had additions to retained earnings for the year just ended of $277188. The firm paid out $181832 in cash dividends, and it has ending total equity of $4.1 million. The company currently has 178901 shares of common stock outstanding. What are earnings per share (EPS)? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Derivative Products And Pricing The Das Swaps And Financial Derivatives Library

Authors: Satyajit Das

1st Edition

0470821647, 9780470821640

More Books

Students also viewed these Finance questions