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earnings per share

MMiguel10y ago
Good afternoon Mike, I'm reviewing the earnings per share exercises and I have 2 questions in the example 2 why the fraction is 9/7 I'm not able to match with the formula and in example 5 in the dilution workings I can't get in the 390k. Thank you for the help! Cheers :)
MikeLittleMikeLittleTutor10y ago#1
On which page of the course notes will I find these questions?
MMiguel10y ago#2
They are on page 122 & 125
MikeLittleMikeLittleTutor10y ago#3
Question 1 - it's 9/7 because the is a bonus issue of 2 for 7 What's 520,000 x $3? What's 1,560,000 / $4? Why can you not see where 390,000 comes from? Tell me, honestly, have you watched the lecture on this topic? Have you read and understood the free course notes? Apparently not!
MMiguel10y ago#4
Hi Mike, I did it but apparently I didn't pay attention to the details, so sorry for those silly questions. However I will pay double attention to the details otherwise I will not be successful in the test! Thanks for your time! Cheers!
MikeLittleMikeLittleTutor10y ago#5
You're welcome
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