Henderson Logistics Corp. has a current stock price of $35. For the past year, the company had a net income of $4,800,000, total equity of $18,900,000, sales of $45,000,000, and 3.2 million shares of stock outstanding. Calculate Henderson's earnings per share (EPS).
Henderson Logistics Corp. has a current stock price of $35. For the past year, the company had a net income of $4,800,000, total equity of $18,900,000, sales of $45,000,000, and 3.2 million shares of stock outstanding. Calculate Henderson's earnings per share (EPS).
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Give me answer general accounting question
![Henderson Logistics Corp. has a current stock price of $35.
For the past year, the company had a net income of
$4,800,000, total equity of $18,900,000, sales of $45,000,000,
and 3.2 million shares of stock outstanding. Calculate
Henderson's earnings per share (EPS).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F061957de-9f6f-4570-8718-408af79125ea%2Faf8659ab-453d-445b-b7ec-b3c51dd50fd0%2F0rzwuu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Henderson Logistics Corp. has a current stock price of $35.
For the past year, the company had a net income of
$4,800,000, total equity of $18,900,000, sales of $45,000,000,
and 3.2 million shares of stock outstanding. Calculate
Henderson's earnings per share (EPS).
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