The following information (in millions of dollars) is available for Limited Brands for a recent year: sales

Question:

The following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $9,043, net income $220, preferred dividend $0, and weighted-average common shares outstanding 333 million. Compute the earnings per share for Limited Brands.

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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