Question: Use the following data to compute the trailing adjusted EPS for Google Corporation, as of November 2001. As of November 2001, the trailing reported EPS

Use the following data to compute the trailing adjusted EPS for Google Corporation, as of November 2001. As of November 2001, the trailing reported EPS was $2.16, and it was based on three quarters in 2001 and one quarter in 2000.

  • The fourth quarter of calendar year 2000 had $0.69 per share in non-recurring expenses.
  • The first quarter of calendar year 2001 had an extraordinary loss of $0.11 per share.
  • Google Corporation took an expense of $0.02 per share for merger costs during the third quarter of calendar year 2001.
  • During the last four quarters, the salary expenses was $0.12 per share.

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