Ten years ago, Levin Inc. earned $0.50 per share. Its earnings this year were $2.20. What was the growth rate in Levin's earnings per share (EPS) over the 10-year period?

  1. 👍 0
  2. 👎 0
  3. 👁 469
  1. 15.97%

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. finance

    Residual dividend model Buena Terra Corporation is reviewing its capital budget for the upcoming year. It has paid a $3.00 dividend per share (DPS) for the past several years, and its shareholders expect the dividend to remain

  2. Algebra

    For 1980 through 1990, the average weekly earnings (in dollars)for workers in the United States can be modeled by E= 14.5t + 270, where t is the number of years since 1980. Approximate the average weekly earnings in 1980 and 1990.

  3. Science please help

    List and briefly outline the six different periods into which the Paleozoic era is divided. The six periods: 1:Cambrian, which was 545 million years ago. 2:Ordovician, which was 490 million years ago. 3:Silurian, which was 445

  4. Finance

    Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $14 per share dividend

  1. Advanced Algebra

    Kendra’s income put her in the top tax bracket (35%) last year. During the same year, she earned $760 in dividends and $490 in coupons on a corporate bond. Three years ago, she purchased a common stock for $835. She sold the

  2. accounting

    Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken’s modified adjusted gross

  3. Apex personal finance

    Mack opened a CD 10 years ago at an interest rate of 7.8% compounded monthly. According to the rule of 72, when did she have half as much money as she does now? A. About 9.2 years ago B. About 4.6 years ago C. About 3.9 years ago

  4. math, financial math

    A basket of May flowers at Betty's Blooms cost $35 today. Assuming that inflation has been running at 5.1% per year for the past several years, how much did a comparable basket of flowers cost 7 years ago? When dealing with a

  1. Business

    Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future

  2. math

    Justine earned $25,000 during the first year of her job at city hall. After each year she received a 6% raise. Find her total earnings during the first five years on the job.

  3. accounting

    House mortgage You have just purchased a house and have obtained a 30-year, $200,000 mortgage with an interest rate of 10 percent. Required: a. what is your annual payment? b. Assuming you bought the house on Jan. 1st, what is the

  4. Math

    A man’s stock earned $149,000,000. If these earnings represent $1.18 per share, how many shares of stock are there?

You can view more similar questions or ask a new question.