asked 164k views
4 votes
Using the information given here, what are the earnings per share for ghi company? • earnings = $375,000 • number of shares outstanding = 150,000 • price per share = $60 • book value per share = $20

asked
User Aeoliyan
by
9.0k points

1 Answer

3 votes
Earnings per share is "$2.5".
We can calculate this in such a way;
Earnings per share = After-tax income or earnings /number of shares outstanding
= $375,000 / $150,000
= $2.5
answered
User Prosfilaes
by
8.8k points
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