Question: can someone please help me with this question for my review? a similar question will be on my final and worth 1/10 of my grade.

 can someone please help me with this question for my review?can someone please help me with this question for my review? a similar question will be on my final and worth 1/10 of my grade. thanks.

6. Security analysts following Green Corporation use a simplified income statement method of forecasting. Assume that 2020 sales are $20 million and are expected to grow by 14 percent in 2021 and 2022. The after-tax profit margin is projected at 6.2 percent in 2021 and 6.8% in 2022. The number of shares outstanding is projected to be 200,000 in 2021 and 250,000 in 2022. Project earnings per share for 2021 and 2022. (10 Points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!