Using the information given here, what are the earnings per share for ghi company? • earnings = $375,000 • number of shares outs

Question

dmitriy555 [2]

2 years ago

15

Using the information given here, what are the earnings per share for ghi company? • earnings = $375,000 • number of shares outs

tanding = 150,000 • price per share = $60 • book value per share = $20

Business

1 answer:

KIM [24] · Answer 1 · 2022-07-05T04:43:39+03:00

KIM [24]2 years ago

7 0

Earnings per share is "$2.5".
We can calculate this in such a way;
<span>Earnings per share = After-tax income or earnings /number of shares outstanding
</span>= <span>$375,000 / $150,000
= $2.5</span>