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Innovative Concepts (after the acquisition) Innovative Concepts The Market is QuickResolve The Market is Fooled Smart 1.68 Show did they calculate earning per share when the market is fooled and when the market is smart? can this be calculated if not given Total earning? if so how info do I need to calculate it.

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Answer #1

EPS = Total earnings/Number of shares

Hence EPS in both cases

= 210000000/125000000

= $1.68

We need both the variables to calculate EPS- Net Income and shares outstanding

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