The Earnings per Share for the Telson company for the aforementioned stock quotations will be $5.88 per share, if it satisfies the conditions given above.
What is the significance of Earnings per Share?
Earnings per Share can be derived by dividing the closing price of the stock by the total P/E ratio of such stock. From the information given above, the earnings per share, or EPS, of the Telson company will be:
EPS = 43.21 / 7.34 = $5.88
Therefore, the significance regarding the Earnings per Share of the Telson Company has been aforementioned.
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