Preferred dividends There were 73,139,000 shares outstanding at the end of 2015. (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, eg. 15.25.) 2017: 2016: %24 %24
Preferred dividends There were 73,139,000 shares outstanding at the end of 2015. (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, eg. 15.25.) 2017: 2016: %24 %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Shares outstanding at year-end
64,507,000
66,282,000
Preferred dividends
There were 73,139,000 shares outstanding at the end of 2015.
(a)
What was the company's earnings per share for each year? (Round answers to 2 decimal places, eg. 15.25.)
2017:
24
2016:
24

Transcribed Image Text:Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands,
except share information.)
2017
2016
Net sales
$1,126,000
$1,133,200
Net income (loss)
66,700
54,800
Total assets
855,338
838,078
Share information
Shares outstanding at year-end
64,507,000
66,282,000
Preferred dividends
There were 73,139,000 shares outstanding at the end of 2015.
9:17 PM
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