american depository receipts....
Q. A company is listed as an ADR on an American exchange. The ration of shares on the home exchange to ADR shares is 6 for 1. If the ADR earnings per share is $6 what is the EPS for a share listed on the home exchange?
A. $1, treat as if a 6 for 1 stock split occurred.
can someone explain this question and answer to me? it is from Emory's MBA page
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