Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 Net sales $ 1,128,000 $ 1,135,100 Net income (loss) 86,156 69,048 Total assets 855,338 838,078 Share information Shares outstanding at year-end 71,500,000 73,300,000 Preferred dividends 0 0 There were 80,140,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022 : $ enter the company’s earnings per share for 2017 in dollars rounded to 2 decimal places 2021 : $ enter the company’s earnings per share for 2016 in dollars rounded to 2 decimal places
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) 2022 2021 Net sales $ 1,128,000 $ 1,135,100 Net income (loss) 86,156 69,048 Total assets 855,338 838,078 Share information Shares outstanding at year-end 71,500,000 73,300,000 Preferred dividends 0 0 There were 80,140,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022 : $ enter the company’s earnings per share for 2017 in dollars rounded to 2 decimal places 2021 : $ enter the company’s earnings per share for 2016 in dollars rounded to 2 decimal places
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.)
| 2022 | 2021 | |||
|---|---|---|---|---|
|
Net sales
|
$ 1,128,000 | $ 1,135,100 | ||
|
Net income (loss)
|
86,156 | 69,048 | ||
|
Total assets
|
855,338 | 838,078 | ||
| Share information | ||||
|
Shares outstanding at year-end
|
71,500,000 | 73,300,000 | ||
|
Preferred dividends
|
0 | 0 |
There were 80,140,000 shares outstanding at the end of 2020.
(a)
What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)
|
2022 :
|
$ enter the company’s earnings per share for 2017 in dollars rounded to 2 decimal places | |
|---|---|---|
|
2021 :
|
$ enter the company’s earnings per share for 2016 in dollars rounded to 2 decimal places |
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