A firm has 1.5 million shares outstanding. EBIT is $8 million and interest paid is $2 million.
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A firm has 1.5 million shares outstanding. EBIT is $8 million and interest paid is $2 million. If the corporate tax rate is 35% calculate what are earnings per share?
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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