STL Inc. reported 2011 earnings per share of $3.20 and had no extraordinary items. In 2012, EPS
Question:
STL Inc. reported 2011 earnings per share of $3.20 and had no extraordinary items. In 2012, EPS on income before extraordinary items was $2.99, and EPS on net income was $3.49. Is this a favorable trend?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Yes Earnings per share EPS is a measure of a compa...View the full answer
Answered By
Rodrigo Louie Rey
I started tutoring in college and have been doing it for about eight years now. I enjoy it because I love to help others learn and expand their understanding of the world. I thoroughly enjoy the "ah-ha" moments that my students have. Interests I enjoy hiking, kayaking, and spending time with my family and friends. Ideal Study Location I prefer to tutor in a quiet place so that my students can focus on what they are learning.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
STL Inc. reported 2009 earnings per share of $3.20 and had no extraordinary items. In 2010, EPS on income before extraordinary items was $2.99, and EPS on net income was $3.49. Is this a favorable...
-
Duncan Inc. reported 2011 earnings per share of $3.26 and had no extraordinary items. In 2012, earnings per share on income before extraordinary items was $2.99, and earnings per share on net income...
-
A corporation reports earnings per share of $1.38 for the most recent year and $1.10 for the preceding year. The $1.38 includes a $0.45-per-share gain from insurance proceeds related to a fully...
-
You are helping your very rich aunt Molly decide where to invest her portfolio. She is planning to take a 10-year world tour after she invests the bulk of her portfolio. She thinks that picking a...
-
An elliptical staircase that decreases can be modeled by the parametric equations x = rcos(t) y = rsin(t) z = ht/n where r = ab/[bcos(t)2 + [asin(t)2, a and b are the semimajor and semiminor axes of...
-
Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending upon customer preference. On June 1, 2020, the...
-
On June 28, 1997, in Las Vegas, heavyweight boxers Mike Tyson and Evander Holyfield met for what proved to be a night to remember. During the third round of the fight, a desperate Tyson illegally bit...
-
Gross Profit Method Eastman Company lost most of its inventory in a fire in December just before the year-end physical inventory was taken. Corporate records disclose the following. Merchandise with...
-
1. Tony stark is trying to talk pepper Potts into attending an event with him. Pepper does not want to attend because she feels that she and will be much older than most of the younger crowd...
-
A single link of a robot arm is shown in Figure. The arm mass is m and its center of mass is located a distance L from the joint, which is driven by a motor torque Tm through two pairs of spur gears....
-
(a) If Leonard Company had net income of $360,000 in 2012 and it experienced a 24.5% increase in net income for 2013, what is its net income for 2013? (b) If six cents of every dollar of Leonard...
-
Identify the specific sections in PepsiCos 2009 annual report where horizontal and vertical analysis of financial data are presented.
-
A twenty-foot equivalent unit (TEU) is a standard measurement of volume in container shipping. The majority of containers are either 20 or 40 feet in length. A 20-foot container is 1 TEU; a 40-foot...
-
The reactant concentration in a second-order reaction was 0.490 mol L-1 after 120 s and 4.10x10- mol L- after 900 s. What is the rate constant for this reaction?
-
Using an annual effective interest rate of 10%, the Macaulay Duration (in years) of a 10-year 100 par value bond with annual coupons of X is 6.96 years. Calculate X. Give your answer as a decimal...
-
What volume of O2 at 722 mmHg and 35 C is required to synthesize 17.5 mol of NO? Express your answer numerically in litres.
-
Suppose a company reported Revenues of $250 million for the most recent year. The Cost of Goods Sold were $45 million, the Selling, General and Administrative expenses equaled $15 million, and the...
-
Simple interest is calculated as rate principal time. Charles gave a $50,000 1-year promissory note with 9% simple interest to his cousin to raise funds for his business. The principal and interest...
-
A study in the Journal of Occupational and Organizational Psychology investigated the relationship of employment status and mental health. A sample of working and unemployed people was selected, and...
-
Government is advised to tax goods whose demand curves are inelastic if the goal is to raise tax revenues. If the goal is to discourage consumption, then it ought to tax goods whose demand curves are...
-
Milton Professionals, a management consulting firm, specializes in strategic planning for financial institutions. James Hahn and Sara Norton, partners in the firm, are assembling a new strategic...
-
Milton Professionals, a management consulting firm, specializes in strategic planning for financial institutions. James Hahn and Sara Norton, partners in the firm, are assembling a new strategic...
-
Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufactures cabinets of mahogany, oak, and other fine woods for use in...
-
K Use the diagram to find the measure of exterior angle BCD. The measure of exterior angle BCD is B 8x (36x - 2) D (25x + 10) C A
-
Solve the System. Give answer as (x, y, z). -5x-3y+3z = 1 4x-6y3z = -20 - 5x 12y+3z = -7 (x, y, z) = (0,0,
-
standard form (vertex form). f(x) = -2x-5x 6
Study smarter with the SolutionInn App