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A company has the following financial information - Earnings per Share (EPS) = $3 # of shares outstanding= 50,000 Operating Profit (OP)= 12% Debt =
A company has the following financial information - Earnings per Share (EPS) = $3 # of shares outstanding= 50,000 Operating Profit (OP)= 12% Debt = $300,000 Interest Rate on Debt= 7% Tax Rate= 25%
What is the annual sales of the company? A) $10,000 B) $1,381,250 C) $1,971,876 |
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