EPS calculations Maitland Enterprises has $70,000 of 10% (annual interest) bonds outstanding, 500 shares of preferred stock paying an annual dividend of $45 per share, and 6,000 shares of common stock outstanding. Maitland Enterprises is taxed at 40%. Calculate the earnings per share (EPS) when EBIT is:

a. $130,000. 

b. $95,000. 

c. $73,800.

Answer rating: 100% (QA)

computation of INCOME STATEMENT EPS EXTRACT b EBIT INTEREST 7000010 EBT TAX 40 EAT P... View the full answer