Reference no: EM132531173
Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.)
2017 2016
Net sales $ 1,127,000 $ 1,134,600
Net income (loss) 91,4206 1,030
Total assets 867,338 850,078
Share information
Shares outstanding at year-end 61,400,000 69,200,000
Preferred dividends 0 0
- There were 74,400,000 shares outstanding at the end of 2015.
Question 1: What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)