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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535 Exercise 25
Pacific Gas and Electric: Earnings per share
Pacific Gas and Electric Company is a large gas and electric utility operating in northern and central California. Three recent years of financial data for Pacific Gas and Electric are as follows (in millions):
A. Determine the earnings per share for Years 1-3. (Round to the nearest cent.)
B. Interpret the trend in earnings per share using horizontal analysis for the three years in terms of the change in earnings and average shares outstanding.
Pacific Gas and Electric Company is a large gas and electric utility operating in northern and central California. Three recent years of financial data for Pacific Gas and Electric are as follows (in millions):
A. Determine the earnings per share for Years 1-3. (Round to the nearest cent.)
B. Interpret the trend in earnings per share using horizontal analysis for the three years in terms of the change in earnings and average shares outstanding.
Explanation
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Earnings per share:
The part of the pro...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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