McDonnell-Myer Corporation reported net income of $736 million.


Question Description:

30

McDonnell-Myer Corporation reported net income of $736 million. The company had 448 million common shares outstanding at January 1 and sold 24 million shares on Feb. 28. As part of an annual share repurchase plan, 12 million shares were retired on April 30 for $29 per share.

Calculate McDonnell-Myer’s earnings per share for the year. daman527
posted a question ยท Sep 14, 2015 at 3:50pm

Answer

30