Apple, Inc. had 2019 Net Income (earnings) of $58,424,000,000. They do not have any preferred stock...

Apple, Inc. had 2019 Net Income (earnings) of $58,424,000,000. They do not have any preferred stock issued or outstanding, but they currently have 18,471,336,000 shares of common stock outstanding. Calculate Apple's 2019 Earnings per Share (EPS). Enter numbers only and round your answer to two decimal places.

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Expert Solution

Earnings per share = Net income / Outstanding number of shares

= 58424000000 / 18471336000

= $3.16

jeff jeffy answered 2 years ago

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