If a corporation reported earnings per share of $8.00 in 1990 and $20 in 2001, what annual rate did earnings per share grow over this period? How would you determine how to solve this problem/ formulas used?© BrainMass Inc. brainmass.com June 3, 2020, 7:11 pm ad1c9bdddf
EPS = $8.00 in 1990
EPS= $20.00 in 2001
No of years elasped= 2001-1990 = 11 years
Therefore EPS growth ...
The solution calculates annual rate of growth of earnings per share.