Candy Corporation had pretax profits of $1.2 million, an average tax rate of 34 percent, and it paid preferred stock dividends of $50,000. There were 100,000 shares outstanding and no interest expense. What was Candy Corporation's earnings per share? Select one: a. $7.42 b. $7.59 c. $4.52 d. $3.91

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Operating profit is known as ______. Select one: a. earnings after interest and taxes b. earnings after tax c. earnings before depreciation and taxes d. earnings before interest and taxes

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