Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $2.20. What was the growth rate in earnings per share (EPS) over the 10-year period?
(A) 15.17%
(B) 15.97%
(C) 16.77%
(D) 17.61%
(E) 18.49%
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $2.20. What was the growth rate in earnings per share (EPS) ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $2.20. What was the growth rate in earnings per share (EPS) over the 10-year period? (A) 15.17% (B) 15.97% (C) 16.77% (D) 17.61% (E) 18.49%