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XDF PS 159 各位大侠给看看

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楼主
发表于 2008-7-17 20:15:00 | 只看该作者

XDF PS 159 各位大侠给看看

A corporation with 5,000,000 shares of publicly listed stock reported total earnings of $7.20 per share for the first 9 months of operation. During the final quarter the number of publicly listed shares was increased to 10,000,000 shares, and fourth quarter earnings were reported as $1.25 per share. What are the average annual earnings per share based on the number of shares at the end of the year?

答案是C4.85

if it is average, should we add index before the price concerning the no. of month?? eg. $7.20 for 9months, that should be 9/12.

$1.25 for 3 months, in the same way, shud be 3/12???

So the final answer should be calculated as (7.2*5*9/12+1.25*10*3/12)/10??

答案是C4.85

if it is average, should we add index before the price concerning the no. of month?? eg. $7.20 for 9months, that should be 9/12.

$1.25 for 3 months, in the same way, shud be 3/12???

So the final answer should be calculated as (7.2*5*9/12+1.25*10*3/12)/10??

沙发
发表于 2008-7-17 22:07:00 | 只看该作者
The trick in this question is average "annual" earning per share. Not average "monthly" or "quarterly". So, 7.2/2=3.6. 3.6+1.25=4.85.
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