Last year Target had a net income of 3696 million 5748 milli

Last year Target had a net income of $3696 million, 574.8 million shares outstanding, and paid out a total of $754 million in dividends. What was Target’s earnings per share?

Select one:

a. 574.8

b. 1.31

c. 6.43

d. 3696.00

Solution

EPS = NET INCOME/ NO OF SHARES OUTSTANDING

EPS = 3696/574.8 = 6.43

ANSWER : C : 6.43