A firm has earnings before taxes of $128 million and taxes of $39 million. The company pays
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A firm has earnings before taxes of $128 million and taxes of $39 million. The company pays $12 million in preferred dividends and $31 million in common dividends. There are 24 million shares of common stock outstanding. What is the amount of the earnings per share?
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To find the earnings per share EPS we need to calculate the net income ... View the full answer
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