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An analyst gathered the following information about the company: 2021 net sales 2021 net profit margin 2022 expected sales growth R10 000 000 5.0% -15.0% 5.4% 120 000 2022 expected profit margin 2022 expected ordinary shares outstanding The analyst's estimate of the company's 2022 earnings per share should be closest to... O a. R2.26 O b. R2.72 O c. R3.83 O d. R4.17

An analyst gathered the following information about the company: 2021 net sales 2021 net profit margin 2022 expected sales growth R10 000 000 5.0% -15.0% 5.4% 120 000 2022 expected profit margin 2022 expected ordinary shares outstanding The analyst's estimate of the company's 2022 earnings per share should be closest to... O a. R2.26 O b. R2.72 O c. R3.83 O d. R4.17

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An analyst gathered the following information about the company: 2021 net sales 2021 net profit margin 2022 expected sales growth 2022 expected profit margin 2022 expected ordinary shares outstanding R10 000 000 5.0% -15.0% 5.4% 120 000 The analyst's estimate of the company's 2022 earnings per share should be closest to... O a. R2.26 O b. R2.72 O c. R3.83 O d. R4.17
Transcribed Image Text:An analyst gathered the following information about the company: 2021 net sales 2021 net profit margin 2022 expected sales growth 2022 expected profit margin 2022 expected ordinary shares outstanding R10 000 000 5.0% -15.0% 5.4% 120 000 The analyst's estimate of the company's 2022 earnings per share should be closest to... O a. R2.26 O b. R2.72 O c. R3.83 O d. R4.17
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