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1- You have been given the following information: Net sales = $20,000,000 Cost of goods sold = $9,000,000 Addition to retained earnings = $3,600,000 Dividends

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You have been given the following information: Net sales = $20,000,000 Cost of goods sold = $9,000,000 Addition to retained earnings = $3,600,000 Dividends paid to preferred and common stockholders = $600,000

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the firms 2009 income statement lists the following: EBT = $6,000, Interest expense = $0, and Taxes = $3,000. The firms has no preferred stock outstanding and 30,000 shares of common stock outstanding. the 2009 earnings per share is

Please Solve As soon as Solve quickly I get you thumbs up directly Thank you Interest expense = $3,000,000 The firm's tax rate is 40 percent. Calculate the depreciation expense.

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