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Libby bought 250 stocks of a company named Xylet last year. Xylet’s total earning for the year is $ 4million and it has 1,000,000 outstanding stocks. What is Xylet’s Earning per share (EPS)?

Respuesta :

BlueSky06
Given:

250 stocks bought from Xylet
Xylet's total earnings for this year = $ 4 million
Xylet's stocks = 1,000,000

Determine the EPS of Xylet:

$4 million / 1,000,000 = $4 per stock

Libby's total earnings from Xylet stocks = $4 / stock * 250 stocks = $1,000 

Therefore, Libby earned $1,000 from Xylet stocks.


grande03

Answer:

4

Explanation:

PLATO

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