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iren [92.7K]
3 years ago
13

Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands,

except share information.) 2022 2021 Net sales $ 1,125,000 $ 1,132,800 Net income (loss) 75,801 68,855 Total assets 855,338 838,078 Share information Shares outstanding at year-end 68,000,000 69,820,000 Preferred dividends 0 0 There were 76,680,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022 : $enter the company’s earnings per share for 2017 in dollars rounded to 2 decimal places 2021 : $enter the company’s earnings per share for 2016 in dollars rounded to 2 decimal places
Business
1 answer:
MrRissso [65]3 years ago
3 0

Answer:

                                                                     2022         2021

EPS                                                                 $1.12         $0.99

Explanation:

EPS = NET INCOME / no of shares outstanding

       = $75801000/68000000 =1.12 (2022)

       = $68855000/ 69820000= 0.99 (2021)

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6 0
3 years ago
A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1
inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

CPI in 1990 1.30

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Inflation rate is given as

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Real wage = Nominal wage / Price level,  hence

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8 0
3 years ago
______ effect happens when the place a product was manufactured influences how consumers perceive the product.
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Effect happens when the place a product was manufactured influences how consumers perceive the product.  Country of Origin

What benefits do consumer product firms derive by marketing internationally?

Competition with other companies can be maintained. Sales and profits can be enhanced. Life cycles of products can be extended.

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2 years ago
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4 0
3 years ago
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Answer:

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