Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ABC Corp. had $32,000,000 in revenues (sales), $11,000,000 in Costs of Goods Sold (COGS), $3,600,000 in SG&A expenses, $5,400,000 in depreciation expenses, $3,000,000 in interest

image text in transcribed
ABC Corp. had $32,000,000 in revenues (sales), $11,000,000 in Costs of Goods Sold (COGS), $3,600,000 in SG\&A expenses, $5,400,000 in depreciation expenses, $3,000,000 in interest expenses, and $2,045,000 in tax expenses. ABC Corp.'s shares are currently traded at $32.62, and the company currently has 1,500,000 shares outstanding. What is the company's earnings per share (EPS)? $4.64 $7.53 $6.11 $5.89

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Capital A Study In The Latest Phase Of Capitalist Development

Authors: Rudolph Hilferding

1st Edition

0415436648, 978-0415436649

More Books

Students also viewed these Finance questions

Question

You own $23,868 of Denny

Answered: 1 week ago