Question
Your corporation has sales of $500,000, an EBIT of $150,000 and a net income of $100,000. It has 50,000 shares outstanding. a. What is its
Your corporation has sales of $500,000, an EBIT of $150,000 and a net income of $100,000. It has 50,000 shares outstanding.
a. What is its earnings per share?
b. What if sales increased to $600,000 and your EBIT remained at $150,000 but your net income dropped to $75,000 Does this affect your EPS and if so, what would be your new EPS?
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Collectible Investments For The High Net Worth Investor
Authors: Stephen Satchell
1st Edition
0123745225,0080923054
