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How do I compute the annual percentage change in net income ...

How do I compute the...
How do I compute the annual percentage change in net income per common share-diluted?
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Answered in 9 minutes by:
3/31/2007
WebTaxMan
WebTaxMan, Tax Accountant
Category: Tax
Satisfied Customers: 922
Experience: 20+ Years experience-CPAs & My Own Business/IRS Authorized e-file Provider/CA Tax Education Council
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Hi anon,


Great question.
You just take the current year EPS diluted (Earnings Per share diluted) minus the prior year EPS (diluted) and divide that by the prior year EPS (diluted).

Net income is represented in the EPS terms.

Example .
2006 EPS (diluted) 1.00
2005 EPS (diluted) .90

% change = 1.00 - .90 = .10 / .90 = 11.1% change

You can read more at two of my favorite sites:

Bankrate.com

CNN-Money.com

Should you require further clarification, please never hesitate to ask. It would be my pleasure to clarify the answer to your question. My goal is your 100% satisfaction with all questions I answer.

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Regards,

Mike

WebTaxMan
WebTaxMan, Tax Accountant
Category: Tax
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Experience: 20+ Years experience-CPAs & My Own Business/IRS Authorized e-file Provider/CA Tax Education Council
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