homework 11

homework 11 - basic earnings per share. (Round your answer...

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Qu estion 1: Score 1/1 Your response Correct response QS 11-13: Basic earnings per share L.O. A1 Epic Company earned net income of $950,000 this year. The number of common shares outstanding during the entire year was 400,000, and preferred shareholders received a $40,000 cash dividend. Compute Epic Company's basic earnings per share. (Round your answer to 3 decimal places. Omit the "$" sign in your response.) Basic earnings per share 2.275 (100% ) per share QS 11-13: Basic earnings per share L.O. A1 Epic Company earned net income of $950,000 this year. The number of common shares outstanding during the entire year was 400,000, and preferred shareholders received a $40,000 cash dividend. Compute Epic Company's
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Unformatted text preview: basic earnings per share. (Round your answer to 3 decimal places. Omit the "$" sign in your response.) Basic earnings per share $ 2.27 5 per share Question 2: Score 1/1 Your response Correct response QS 11-14: Price-earnings ratio L.O. A2 Requirement 1: Compute Tripp Company's price-earnings ratio if its common stock has a market value of $31.50 per share and its EPS is $3.75. (Round your answer to 1 decimal place.) Price-earnings ratio 8.4 (100 %) QS 11-14: Price-earnings ratio L.O. A2 Requirement 1:...
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This note was uploaded on 11/19/2010 for the course BUS 120 taught by Professor Michecle during the Spring '10 term at Grossmont.

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homework 11 - basic earnings per share. (Round your answer...

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