McDonnell-Myer Corporation reported net income of $1,581 million. The company had 483 million common shares outstanding...
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McDonnell-Myer Corporation reported net income of $1,581 million. The company had 483 million common shares outstanding at January 1 and sold 42 million shares on Feb. 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $33 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Earnings per share McDonnell-Myer Corporation reported net income of $1,581 million. The company had 483 million common shares outstanding at January 1 and sold 42 million shares on Feb. 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $33 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Earnings per share
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Answer rating: 100% (QA)
Earning per share Net income Shares Net income 1581 Shar... View the full answer
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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