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Economics - Financial Markets 17 Online
OpenStudy (anonymous):

Fanatic Fast Foods had earnings after taxes of $390,000 in the year of 2009 with 300,000 shares outstanding. what are the earnings per share for 2009 ?

OpenStudy (anonymous):

EAT/total no if shares= 390000/300000=$1.3 per share. it has to be noted that only EAT(earnings after taxes ) should be considered as all other liabilities are fulfilled like interest on debt, dividends for preerence shares etc.

OpenStudy (anonymous):

1.3 per share

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