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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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Limerick, Inc. has budgeted total sales for January, February, and March of $800,000, $900,000, and $950,000 respectively. Cash
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Answer:

$905,000

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3 years ago
The following totals for the month of June were taken from the payroll register of Ford Company. Salaries and wages $40,000 FICA
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Answer:

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One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the
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Complete Question:

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3 years ago
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