Suppose the following information (in millions of dollars) is available for Limited Brands for a recent...

Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $9,170, net income $268, preferred dividend $0, and weighted-average common shares outstanding 400 million.

Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.)

Earnings per share

$enter earnings per share in dollars rounded to 2 decimal places

Solutions

Expert Solution

Earning per Share = Net Income/Number of shares outstanding

Earning per Share = 268/400

Earning per Share = $0.67 per share

jeff jeffy answered 2 years ago

Next > < Previous

Related Solutions

Suppose at December 31 of a recent year, the following information (in thousands) was available for...

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $175,000; beginning inventory $119,000; cost of goods sold $414,540 and sales revenue $773,000. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.)

Suppose at December 31 of a recent year, the following information (in thousands) was available for...

Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $153,357; beginning inventory $122,003; cost of goods sold $350,824 and sales revenue $820,884. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover = Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e.g. 125.) Days in inventory =

Following are account balances (in millions of dollars) from a recent FedEx annual report, followed by...

Following are account balances (in millions of dollars) from a recent FedEx annual report, followed by several typical transactions. Assume that the following are account balances on May 31, 2014: Account Balance Account Balance Property and equipment (net) $ 15,543 Receivables $ 4,581 Retained earnings 12,716 Other current assets 610 Accounts payable 1,702 Cash 2,328 Prepaid expenses 329 Spare parts, supplies, and fuel 437 Accrued expenses payable 1,894 Other noncurrent liabilities 5,616 Long-term notes payable 1,667 Other current liabilities 1,286...

The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight movies...

The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight movies are shown below. Complete parts (a) through (c). Budget, x Gross, y 206 253 205 302 200 423 199 688 182 688 175 1035 173 1878 168 1225 (a) Display the data in a scatter plot (b) Calculate the correlation coefficient r. (c) Make a conclusion about the type of correlation.

The following balance sheet information is available (amounts in thousands of dollars and duration in years)...

The following balance sheet information is available (amounts in thousands of dollars and duration in years) for a financial institution: AssetsLiabilities and Equity in millions T-bills $ 95.00, 0.5 year T-notes $ 125.00, 0.9 year T-bonds $ 100.00 Loans $2,724.00 Deposits $2,092.00, 1 year Federal funds $ 282.00 0.01 year Equity $ 670.00 Treasury bonds are five-year maturities paying 6 percent semiannually and quoted at 0.92. a. What is the duration of the T-bond portfolio? b. What is the average duration...

The following information is available for MVF Company (dollar amounts are in millions): 2016 2015 2014...

The following information is available for MVF Company (dollar amounts are in millions): 2016 2015 2014 2013 Net sales $23.2 $21.7 $19.6 $17.4 Cost of goods sold 17.1 16.8 15.2 13.5 Beginning finished goods inventory 2.3 2.1 1.9 1.5 Ending finished goods inventory 2.9 2.3 2.1 1.9 Materials purchased 10.6 8.8 7.5 7.1 Calculate the following ratios for each year: Gross profit percentage. Inventory turnover. Cost of materials purchased to cost of finished goods produced. Analyze the results obtained in...

Gandul Limited has the option to invest in Project XXX. The following information is available on...

Gandul Limited has the option to invest in Project XXX. The following information is available on the project: Project XXX Investment R280 000 Scrap value Nil Expected life 5 years Cost of capital 12% Expected after tax profits and cash flows Profits Cash flows End of: Rand Rand Year 1 23 000 79 000 Year 2 26 000 82 000 Year 3 40 000 96 000 Year 4 43 000 99 000 Year 5 14 000 70 000 Required: 2.1...

Underwood Limited is considering investing in a new project, for which the following information is available:...

Underwood Limited is considering investing in a new project, for which the following information is available: Initial Investment £2,000,000 Life of Project 5 years Estimated annual cash flow £400,000 per annum Residual Value £150,000 The company has a cost of capital of 2%, but uses a 5% hurdle rate when assessing capital projects. Stating clearly any assumptions you make, evaluate the financial viability of the investment by determining the project’s: Payback Accounting Rate of Return Net Present...

ollowing are account balances (in millions of dollars) from a recent FedEx annual report, followed by...

ollowing are account balances (in millions of dollars) from a recent FedEx annual report, followed by several typical transactions. Assume that the following are account balances on May 31 (end of the prior fiscal year): Account Balance Account Balance Property and equipment (net) $ 19,343 Receivables $ 5,531 Retained earnings 16,516 Other current assets 800 Accounts payable 2,082 Cash 2,708 Prepaid expenses 519 Spare parts, supplies, and fuel 836 Accrued expenses payable 2,274 Other noncurrent liabilities 6,186 Long-term notes payable...

The following information (Sin millions) comes from a recent annual report of Amazon.com Inc.:

Problem 1: The following information (Sin millions) comes from a recent annual report of Amazon.com Inc.: Required a. Compute Amazon's balance in cash at the beginning of the year b. Compute Amazon's total liabilities at the end of the year c. Compute Amazon's cost of goods sold for the year d. Compute the income before income tax for Amazon e. Compare net income (loss) for the year to net cash flow from operating activities. Why are these amounts different? Briefly explain.

Subjects