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The table below contains data on Fincorp, Inc., the balance sheet items correspo

ID: 2699042 • Letter: T

Question


The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars.

The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars.

Explanation / Answer

Earning per Share in 2010 = 850*1000/500000 =$1.70

Earning per Share in 2011 = 760*1000/500000 =$1.52

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