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A firm has 1.5 million shares outstanding. EBIT is R5 million and interest paid is R2 million. Assuming the South African corporate tax rate is
A firm has 1.5 million shares outstanding. EBIT is R5 million and interest paid is R2 million. Assuming the South African corporate tax rate is applicable, what is the companys earnings per share?
A R 0.50
B R 0.95
C R 1.44
D R 1.70
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