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Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator &inprogress=false eBook Show Me How Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed

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Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator &inprogress=false eBook Show Me How Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10 % (issued at face amount) Preferred $1 stock, $10 par $900,000 900,000 900,000 Common stock, $25 par Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $351,000, (b) $441,000, and (c) $531,000. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock < b. Earnings per share on common stock c. Earnings per share on common stock s C W O < 85 ENG 10/4/

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