Usually you use addition to find a sum.
Stocks = 250
Net income = $4,000,000
Outstanding Shares = $1,000,000
Earnings Per Share = ?
Formula: EPS = Net Income / Outstanding Shares
Solution: EPS = Net Income / Outstanding Shares
= $4,000,000 / $1,000,000
= 4
Answer: Earnings Per Share = 4
Answer:
2:4 or 1/2.Step-by-step explanation:
She would ride for 1.6 hours