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A firm has 100,000 shares outstanding. The following information is for the year 2020. EBIT = $200,000 EBT = $120,000 Net income = $80,000 Dividends

A firm has 100,000 shares outstanding. The following information is for the year 2020.

EBIT = $200,000 EBT = $120,000 Net income = $80,000 Dividends = $50,000 The earnings per share for the year will be:

		$2.00
		$ 1.20.
		$0.80.
		$0.50.

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