A firm has EBIT of $29 million, interest expense of $4.5 million, and pays taxes of...
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A firm has EBIT of $29 million, interest expense of $4.5 million, and pays taxes of $8 million. If the firm has 15 million shares outstanding, what is the firm's EPS? OA. $1.10 B. $1.93 C. $0.91 D. $1.40 E. $1.63 A firm has EBIT of $29 million, interest expense of $4.5 million, and pays taxes of $8 million. If the firm has 15 million shares outstanding, what is the firm's EPS? OA. $1.10 B. $1.93 C. $0.91 D. $1.40 E. $1.63
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Answer rating: 100% (QA)
To calculate the firms earnings per share EPS we use the formula EPS NetIncomeNumberofSharesOuts... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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