A, B, and C
EPS calculations Southland Industnes has 560,000 of 6 0% (annual interest) bonds outstanding, 1,500 shares of preferred stock paying an annual dividend of $5 per share, and 4,000 shares of common stock outstanding. Assuming that the firm has a 40% tax rate, compute earnings per share (EPS) for the following levels of EBIT a. $24,600 b. $30,600 c. $35,000 a. Compute earnings per share (EPS) for EBIT of $24.600 Calculate the EPS below (Round to the nearest dollar except for the EPS which should be rounded to three decimal places) EBIT Loss Interest Net profits before taxes Less Taxes Net profit after taxes Less Preferred dividends Earnings available to common shareholders EPS b. Compute earnings per share (EPS) for EBIT of $30.600 Calculate the EPS below (Round to the nearest dollar except for the EPS which should be rounded to three decimal places) FRUIT Enter any number in the edit fields and then continue to the next question EPS calculations Southland Industries has $60,000 of 6.0% (annual interest) bonds outstanding, 1,500 shares of preferred stock paying an annual dividend of $5 per share, and 4,000 shares of common stock outstanding. Assuming that the firm has a 40% tax rate, compute earnings per share (EPS) for the following levels of EBIT: a. $24 600 b. $30,600 c. $35,000 b. Compute earnings per share (EPS) for EBIT of $30,600 Calculate the EPS below (Round to the nearest dollar except for the EPS which should be rounded to three decimal places) EBIT Less: Interest Net profits before taxes Less Taxes Net profit after taxes Less Preferred dividends Earnings available to Common shareholders EPS e. Compute earnings per share (EPS) for EBIT of $35.000 Calculate the EPS below Round to the nearest dollar except for the EPS which should be rounded to three decimal places) Enter any number in the edit fields and then continue to the next question EPS calculations Southland Industries has 560,000 of 60% (annual interest) bonds outstanding, 1.500 shares of preferred stock paying an annual dividend of $5 per share, and 4,000 shares of common stock outstanding Assuming that the firm has a 40% tax rate, compute earnings per share (EPS) for the following levels of EBIT a. $24,600 b. 530 600 c. $35,000 US PUIS Earnings available to common shareholders EPS c. Compute earnings per share (EPS) for EBIT of $35.000 Calculate the EPS below (Round to the nearest dollar except for the EPS which should be rounded to three decimal places) EBIT Less Interest Net profits before taxes Less Taxes Net profit after taxes Less Preferred dividends Earnings a ble to common shareholders EPS Enter any number in the edit fields and then continue to the next