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XYZ, Inc. for the last four quarters had earnings of $450,000 per quarter. If the company has 1,000,000 outstanding shares, what is the annual earnings
- XYZ, Inc. for the last four quarters had earnings of $450,000 per quarter. If the company has 1,000,000 outstanding shares, what is the annual earnings per share for the corporation?
A) $0.45
B) $1.80
C) $0.90
D) $2.00
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Valuation Workbook
Authors: Tim Koller, Marc Goedhart, David Wessels, Jeffrey P. Lessard, McKinsey & Company
4th Edition
0471702161, 978-0471702160
