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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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