Question
ACME, Inc. reported the following income statement for 2021: Sales $3516855 Variable Costs $959235 Fixed Operating Costs $662011 Interest Expense $204510 Earnings Per Share $5.04
ACME, Inc. reported the following income statement for 2021:
| Sales | $3516855 |
| Variable Costs | $959235 |
| Fixed Operating Costs | $662011 |
| Interest Expense | $204510 |
| Earnings Per Share | $5.04 |
If ACME's sales next year increase by 22%, what will ACME's earnings per share be?
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Personal Finance
Authors: Jack R Kapoor, Glencoe McGraw Hill, Les R Dlabay, Robert J Hughes
1st Edition
0078698006, 9780078698002
