A company has the following information: Expected EBIT = $1,000,000 Total interest Expense = $40,000 Total preferred Dividends paid = $30,000 Total preferred shares outstanding = 20,000 Total common shares outstanding = 200,000 Tax rate: 40% The expected EPS (Earnings per share) would be $_________. Please provide your answer with 2 decimal places. Do not include commas or units.

Question 4 (1 point) A company has the following information: Expected EBIT = $1,000,000 Total interest Expense = $40,000 Total preferred Dividends paid = $30,000 Total preferred shares outstanding = 20,000 Total common shares outstanding = 200,000 Tax rate: 40% The expected EPS (Earnings per share) would be $ Please provide your answer with 2 decimal places. Do not include commas or units. Your