Question

Libby bought 250 stocks of a company named Xylet last year. Xylet’s total earning for the year is $ 4million and it has 1,000,000 outstanding stocks. What is Xylet’s Earning per share (EPS)?

Answer 1

4

Explanation:

PLATO

Answer 2

We are given

250 stocks bought by Libby of a company name Xylet. The total earnings of Xylet this year is $4 million and has 1,000,000 outstanding stocks. The earning per share of Xylet is:

$4,000,000 / 1,000,000 = $4 per stock

So Libby will earn a total of $4 * 250 = $1000 for this year.