Solution-Carpets r us had earnings after taxes of 800000 in

Carpets r us had earnings after taxes of 800000 in the year

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Reference no: EM13964869

Carpets R Us had earnings after taxes of $800,000 in the year 2014 with 200,000 shares of stock outstanding. On January 1, 2015, the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 30 percent.

a. Compute earnings per share for the year 2014.

b. Compute earnings per share for the year 2015.

Reference no: EM13964869

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Carpets r us had earnings after taxes of 800000 in the year : Carpets R Us had earnings after taxes of $800,000 in the year 2014 with 200,000 shares of stock outstanding. On January 1, 2015, the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnin..

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Carpets r us had earnings after taxes of 800000 in the year

Reference no: EM13964869

Reference no: EM13964869

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