Calculate the earnings per share (EPS) for the plastic bead industry using the information below.
The industry's EPS is closest to:
Click on the arrows to vote for the correct answer
A. B. C. D.D
The formula for the industry EPS is:
EPSindustry= [(Per share Sales Estimate) * (EBITDA%) "" D "" I] * (1 - t)
= [($250 * 0.60) - $50 - $20] * (1 "" 0.5) = $40.00
To calculate the earnings per share (EPS) for the plastic bead industry, we need the relevant financial information. Unfortunately, you haven't provided any specific financial data related to the industry. EPS is typically calculated using the following formula:
EPS = Net Income / Weighted Average Number of Shares Outstanding
Net income represents the total earnings generated by a company during a specific period, while the weighted average number of shares outstanding accounts for any changes in the number of shares over that period.
Since we don't have the necessary financial information for the plastic bead industry, we cannot calculate the EPS accurately. Without this information, it is not possible to determine the closest value among the provided answer choices (A. $110, B. $22, C. $54, D. $40).
In a real exam scenario, you would typically be given the necessary financial data, such as net income and the number of shares outstanding, to calculate the EPS for a specific company or industry.