ACCOUNTING,CHAP.1-13
26th Edition
ISBN: 9781305088412
Author: WARREN
Publisher: CENGAGE L
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Chapter 13, Problem 13.25EX
(a)
To determine
Earnings per share:
Earnings per share represent the amount of income earned per share of outstanding common stock in a period. This ratio is used for analyzing the profitability of company’s stockholders’.
The following formula can be used to calculate earnings per share:
The earnings per share of Company OM and Company S.
(b)
To determine
To evaluate: The relative profitability of the two companies.
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Chapter 13 Solutions
ACCOUNTING,CHAP.1-13
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