Determining the earnings per share harris


Assume Harris, Inc. Has 10,000,000 common shares outstanding that have a par value of $2 per share. The stock is currently trading for $30 per share. The firm reported a net profit after-tax of $25,000,000. All else equal, what will happen to earnings per share if the company issues a 10 % stock dividend?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Determining the earnings per share harris
Reference No:- TGS053877

Expected delivery within 24 Hours