Question
Tasty Snacks, Inc.'s, 2015 income statement shows an EBIT of $1,440,200, interest expense of $150,000, and taxes of $345,020. The firm has no preferred stock
Tasty Snacks, Inc.'s, 2015 income statement shows an EBIT of $1,440,200, interest expense of $150,000, and taxes of $345,020. The firm has no preferred stock outstanding and 200,000 shares of common stock outstanding. Calculate the company's 2015 earnings per share.
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EBIT 1440200 LESS INTEREST 150000 L...
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
