Analyze the following for Grand Finale Fireworks: a-1. Calculate the return on equity for...
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Accounting
Analyze the following for Grand Finale Fireworks: a Calculate the return on equity for the month of January. a If the average return on equity for the industry for January is is the company more or less profitable than other companies in the same industry? b How many shares of common stock are outstanding as of January c Calculate earnings per share for the month of January. Hint: To calculate average shares of common stock outstanding take the beginning shares outstanding plus the ending shares outstanding and divide the total by c If earnings per share was $ last year ie an average of $ per month is earnings per share for January better or worse than last year's average?
Analyze the following for Grand Finale Fireworks:
a Calculate the return on equity for the month of January.
a If the average return on equity for the industry for January is is the company more or less profitable than other companies in
the same industry?
b How many shares of common stock are outstanding as of January
c Calculate earnings per share for the month of January. Hint: To calculate average shares of common stock outstanding take the
beginning shares outstanding plus the ending shares outstanding and divide the total by
c If earnings per share was $ last year ie an average of $ per month is earnings per share for January better or
worse than last year's average?
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