can someone help with this accounting problem?
The following information is available for Callaway Golf Company for the years 2004 and 2003. (Dollars are in thousands, except share information.)
2004 2003
Net sales $934,564 $814,032
Net income (loss) (10,103) 45,523
Total assets 735,737 748,566
Share information Shares outstanding at year-end 69,111,349 66,862,850
Preferred dividends -0- -0-
There were 65,676,326 shares outstanding at the end of 2002.
What was the company’s earnings per share for each year? (Round to 2 decimal places and express as a positive number.)
2004 $ loss per share
2003 $ earnings per share
how do i find the loss per share and the earnings per share
Divide the earnings or loss by the number of shares outstanding.
In 2004, the loss per share was $.1528, or a little over 15 cents per share. Loss per share is frequently expressed within parentheses. In 2003, the earnings per share were $.6793. This is about 68 cents per share.
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