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Use the following comparative figures for Apple and Google. Key Figures Net income (in millions) Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions). Market value (price) per share Equity applicable to common shares (in millions) Required: 1. Compute the basic EPS for each company using these data. Apple $ 59,531 $ 2.72 4,754.986 4,955.377 $ 220.42 $ 107,147 Google $ 30,736 $ 0.00 695.556 695.070 $ 1,035.61 $ 177,628

Use the following comparative figures for Apple and Google. Key Figures Net income (in millions) Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions). Market value (price) per share Equity applicable to common shares (in millions) Required: 1. Compute the basic EPS for each company using these data. Apple $ 59,531 $ 2.72 4,754.986 4,955.377 $ 220.42 $ 107,147 Google $ 30,736 $ 0.00 695.556 695.070 $ 1,035.61 $ 177,628

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use the following comparative figures for Apple and Google. Key Figures Net income (in millions) Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions). Market value (price) per share Equity applicable to common shares (in millions) Required: 1. Compute the basic EPS for each company using these data. Apple $ 59,531 $ 2.72 4,754.986 4,955.377 $ 220.42 $ 107,147 Google $ 30,736 $ 0.00 695.556 695.070 $ 1,035.61 $ 177,628
Transcribed Image Text:Use the following comparative figures for Apple and Google. Key Figures Net income (in millions) Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions). Market value (price) per share Equity applicable to common shares (in millions) Required: 1. Compute the basic EPS for each company using these data. Apple $ 59,531 $ 2.72 4,754.986 4,955.377 $ 220.42 $ 107,147 Google $ 30,736 $ 0.00 695.556 695.070 $ 1,035.61 $ 177,628
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