Question
A company has $2.79 million of debt in its current capital structure at an annual interest rate of 4.75% and 9 million ordinary shares on
A company has $2.79 million of debt in its current capital structure at an annual interest rate of 4.75% and 9 million ordinary shares on issue with a market value of $6.42 million. The firms tax rate is 30%. If EBIT is expected to be $6.14 million calculate the firms earnings per share (report your answer to two decimal places)?
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Digital Business And Electronic Commerce
Authors: Bernd W Wirtz
1st Edition
3030634817, 9783030634810
