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
Eius similique explicabo est qui. Tenetur quo iusto aut magnam et. Unde harum fugiat iste repellat reiciendis aut totam.
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