Albertrami6019 Albertrami6019
  • 18-08-2022
  • Business
contestada

Masterworks manufacturing has after-tax profits that total $462,720. if the firm has 12,000 shares, what is the amount of earnings per share?

Respuesta :

ogorwyne
ogorwyne ogorwyne
  • 24-08-2022

The amount of earnings per share that the business would have is going to be 38.56

How to solve for the amount of share

From the question we have the following details here

The total after tax profit is given as  $462,720

The value of the shares is given as 12000

Hence the amount of shares per profit would be gotten by  

total $462,720 / 12,000 shares

= $38.56

Hence we can conclude that the amount of earnings per share is $38.56

Read more on shares here: https://brainly.com/question/25818989

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