Spring Fording Corp. (SFC) has 1,700,000 shares outstanding. Its most recent reported earnings were $8,500,000. SFC is considering issuing an additional 800,000 shares. The proceeds of the issue will be invested in a new plant which is expected to add an additional $1,000,000 in earnings.

What is SFC's most recent reported EPS?

Answer rating: 100% (QA)

To calculate Spring Fording Corps SFC most recent reported earnings per share EPS we divide it... View the full answer