at the corporation brought in for thatyear. Net Earnings is the net income or the monetary value that thecorporation brought in that year after expenses. The earnings per shareis how much net earnings the corporation made for every share of thecompany. Earnings per share is more or less the earnings divided by thenumber of shares that have been issued by the corporation. Thestockholders equity is basically what return the public has gotten forinvesting in the company. Then the total assets is the monetary valueof the company and everything that is connected to it. There is alsothe statistics of the shares of A.G. Edwards Inc. The return on averageequity is the return on the money that is in-vested internally. Thecurrent outstanding shares are 63,430,245. From that number the numberof shares held by insiders is 2,238,256 and the number of shareholdersis 21,500. On January 31, 1997 the high for the price of the stock was34.625 and the low was 33.125 and then closing at 34.000 (CD, 1996, p.8). The stock price for March 4, 1997 was a high for the day at 36 anda low for the day at 35 3/8 and then closed at 35 3/8 which is theunchanged price from the previous day (America Online, 1996). Theearning per share for that day was 3.21 (America Online, 1996).Based on what has been presented in the preceding paragraphs I thinkthat A.G. Edwards would be a good investment. From what I have read inthe all of the materials that have been at my disposal, A.G. EdwardsInc. made a very good impression on me. They seem to be a corporationthat is on a right track and once it can break away from the competitionit will be huge. I also think that it is very possible for A.G. Edwardsto be-come a great company if it continues with the upward trend inearnings that it has been displaying for the past decade. From thechart I can draw these conclusions just by look-ing at the net earningsand how they have increased almost 70 thousand dollars. This show...
