What is the corporation approximate earnings per share

Assignment Help Finance Basics
Reference no: EM131978944

Question: The handy dandy corporation has an income statement that indicates that operating income is 2,375,486 and net profit is 1,375,486. In 2011, the corporation had 1 million shares of common stock outstanding; in 2012, they had 3 million shares of common stock outstanding. What is this corporation's approximate earnings per share?

Reference no: EM131978944

Questions Cloud

Part of the statistical definition of beta : What statistical term is not part of the statistical definition of beta.
Process of legislative health policy in the united states : What is the process of legislative health policy in the United States? How is this process related to the principal features of U.S. health policy?
An investor enters into two long futures contract : An investor enters into TWO long futures contract when the futures price is $1,600. Each contract is on 100 units of the asset.
How much will joe receive for selling the family business : In terms of present value (PV), how much will Joe receive for selling the family business?
What is the corporation approximate earnings per share : The handy dandy corporation has an income statement that indicates that operating income is 2,375,486 and net profit is 1,375,486.
Human resource management versus organizational development : Without using outside sources, please compare and contrast human resource management versus organizational development.
Find an ordinary annuity for a comparable rate of return : Hank made payments of $250 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for $211170.
What will cost of equity : Braxton Corp. has no debt but can borrow at 6.6 percent. If the firm converts to 25 percent debt, what will its cost of equity be?
What is the maximum cost the company would be willing to pay : Hankins, Inc., is considering a project that will result in initial aftertax cash savings of $6.3 million at the end of the first year, and these savings.

Reviews

Write a Review

Finance Basics Questions & Answers

  Percent of sales in the second month

The Harvester collects 25 percent of sales in the month of sale, 60 percent of sales in the month following the month of sale, and 15 percent of sales in the second month following the month of sale. During the month of April, the firm will collec..

  Preparation of federal income tax return

In what way does your filing status affect preparation of your federal income tax return? Is there advantages or disadvantages to using one status over another?

  Identify two corporations that have dealt

Identify two corporations that have dealt with cannibalization and what steps were taken to overcome the cannibalization; include citations and references.

  Problem related to the capital budgeting

A Product is currently being manufactured on a machine that has a book value of $30000.The machine was originally purchased for $60000 ten years ago.

  Medicaid in the current congressional budget

Research the proposed changes to Medicare & Medicaid in the current Congressional budget. What are the overall trends?

  Computation of optimum cash balance and savings

Computation of optimum cash balance and savings there on using Baumol model and What is the total saving to the firm if it switches from its current practice to the optimum practice

  What is the monthly payment for the remaining years

An auto dealer has designed a marketing gimmick. They are asking their customers to pay only $99 at the end of each month, for the first two years.

  Calculation of after-tax cost of debt

Calculation of After-Tax Cost of Debt and calculate the expected net present value, profitability index, internal rate of return

  What type of work does an auditor perform?

What type of work does an auditor perform?

  What will happen if the stock is not in equilibrium

If the risk-free rate is 9 percent and the expected rate of return on an average stock is 13 percent, what are the required rates of return on Stocks C and D? b. For Stock C, suppose the current price, P0, is $25; the next expected dividend, D1, is $..

  What will be the new value of the firm

There are no personal taxes. If Monster Inc. permanently changes to the new capital structure, what will be the new value of the firm?

  What are some of the driving forces behind that decline

Banks now control only about half as much of the total financial intermediary assets as they did about 40 years ago. What are some of the driving forces behind.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd