A company with 20 million shares earns $1.6 million one year and loses $2.6 million the next year. Find the per-share income for two years

asked May 26, 2024 198k views

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1 vote

Answer:

-0.05 per share (loss)

Explanation:

2 years net loss = 1 mm

so EPS (earnings per share) = -1/20 = -0.05 per share loss

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