Business, 20.11.2019 06:31 jujurocks10

Mcdonnell-myer corporation reported net income of $2,744 million. the company had 553 million common shares outstanding at january 1 and sold 18 million shares on feb. 28. as part of an annual share repurchase plan, 12 million shares were retired on april 30 for $41 per share. calculate mcdonnell-myer's earnings per share for the year. (do not round intermediate calculations. round your final answer to 2 decimal places.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:10, postorivofarms

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

Answers: 2

continue

Business, 22.06.2019 01:10, isaiahmichel93081

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Answers: 2

continue

Business, 22.06.2019 09:30, kingtrent81

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Answers: 1

continue

Business, 22.06.2019 11:00, hgfgu829

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Answers: 3

continue

You know the right answer?

Mcdonnell-myer corporation reported net income of $2,744 million. the company had 553 million common...