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Unformatted text preview: - It is the reduction in value of an intangible during one period - Amortization simply reduces the value of the asset on the Balance Sheet, (unlike depreciation) 7) Given net income for a period, the shares outstanding at the end of the period, the price paid per share, calculate the Earnings per share (EPS) for the period, and the Price/Earnings (P/E) ratio EPS: net earnings/ shares outstanding P/E ratio: purchased at/ EPS...
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- Fall '11