USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the following information that you propose to use to obtain an estimate of year 2004 EPS for the MacLog Company.
In addition, a regression analysis indicates the following relationship between growth in sales per share for MacLog, and GDP growth is
%$\Delta$ Sales per share = 0.015 + 0.75(%$\Delta$ GDP)
-Refer to Exhibit 9.6. Estimate the firm's sales per share for the year 2020.
A) $833.04
B) $900.08
C) $885.03
D) $925.56
E) $850.75

Question

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the following information that you propose to use to obtain an estimate of year 2004 EPS for the MacLog Company.
  In addition, a regression analysis indicates the following relationship between growth in sales per share for MacLog, and GDP growth is
%$\Delta$ Sales per share = 0.015 + 0.75(%$\Delta$ GDP)
-Refer to Exhibit 9.6. Estimate the firm's sales per share for the year 2020.
A) $833.04 
B) $900.08 
C) $885.03 
D) $925.56 
E) $850.75

Quizplus · Accepted Answer

Sales per share = Net income / Number of shares outstanding= $1,500,000 / 1,800,000= $833.04

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Consider the Following

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the Following