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A firm has EBIT of $29 million, interest expense of $4.5 million, and pays taxes of $8 million. If the firm has 15 million
A firm has EBIT of $29 million, interest expense of $4.5 million, and pays taxes of $8 million. If the firm has 15 million shares outstanding, what is the firm's EPS? OA. $1.10 B. $1.93 C. $0.91 D. $1.40 E. $1.63
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To calculate the firms earnings per share EPS we use the formula EPS NetIncomeNumberofSharesOuts...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
