Question

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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
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