专题课件：金融学：Chapter 8 Earnings

Chapter 8 Earnings
Chapter 8 Earnings
Stock valuation based on earnings
There is a continual controversy in the investment
community concerns the relevance of dividends
versus earnings as the underlying source of value
of a common stock.
– Earnings,dividends,and investment
Issuing stock
Repurchasing stock
The dividends decision
– Earnings determine market value
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings
Chapter 8 Earnings