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What are troy earnings per share

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Question - Troy Manufacturing, a very successful USC start-up, had 4 million shares of stock outstanding at the end of 2016. During 2016, the company reported ROA of 10%, Equity Multiplier or Leverage of 2x, ROE of 20%, the addition to retained earnings was $12 million and $6 million in dividends were paid. What are Troy's earnings per share?

Reference no: EM133144534

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