Using the net income and earnings per common share (EPS) figures from Tim Hortons income statement, determine

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Using the net income and earnings per common share (EPS) figures from Tim Hortons’ income statement, determine how many shares (approximately) the company had outstanding at the end of 2011.
Net income attributable to Tim Hortons Inc. 2011 ....... $382.812 million
Basic earnings per share attributable to Tim Hortons Inc. 2011 ... $2.36

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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