Question: Laura s Boutique is trying to calculate different financial measures to

Laura's Boutique is trying to calculate different financial measures to analyze its performance. Net income for the year was $80 million. There are 150 million shares issued and 125 million shares outstanding.
Required
a. Calculate earnings per share for the year.
b. Interpret the results of this calculation.
What could the company possibly do to improve this financial measure?

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  • CreatedJuly 16, 2015
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