a. 1. How many shares of common stock had been issued as of August 1, 2008? 2.
Question:
2. How many shares of common stock were outstanding as of August 1, 2008?
3. What share number is used to compute earnings per share?
b. When computing the price/earnings ratio, should the basic or diluted earnings per share be used? Why?
c. Which earnings number would analysts put more emphasis on, income from continuing operations or net income?
d. Compute the book value for August 1, 2008, and August 3, 2007.
e. Compute the dividend payout for 2008, 2007, and 2006.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For 
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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