1. Business
  2. Finance
  3. auto pilot car company had earnings per share of 4...

Question: auto pilot car company had earnings per share of 4...

Question details

Auto Pilot Car Company had earnings per share of $4 last year and it paid a $3 per share dividend. Total retained earnings increased by $6 million during the year. Auto Pilot has no preferred stock, and no new common stock was issued during the year. The company has how many common shares outstanding during the year?  

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution