Suppose the following information (in millions of dollars) is available for Limited Brands for a recent...

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Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $

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Answer 1

Answer #1

Calculation of earning per share:

Earning per share:

= Net Income - preferred dividend/ average common shares outstanding

= $150- 0/300 ( in million dollars)

= $0.5 per share

Earning per share is $0.5 per share.

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Answer 2

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