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Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 21 percent.
Billy's Exterminators, Inc., has sales of $817,000, costs of $343,000, depreciation expense of $51,000, interest expense of $38,000, and a tax rate of 21 percent. The firm just paid out $95,000 in cash dividends. The company has 90,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share? Sales Costs Depreciation expense Interest expense $ 817,000 343,000 51,000 38,000 Tax rate 21% Cash dividends 95,000 Shares outstanding 90,000 Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Depreciation expense EBIT Interest expense EBT Taxes (21%) Net income Addition to retained earnings
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