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eBook Show Me How Calculator Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Bonds

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eBook Show Me How Calculator Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $550,000 550,000 550,000 Preferred $2 stock, $20 par Common stock, $25 par income tax is estimated at 40% of income. Determine the earnings per share on common stock, assuming that the income before bond interest and income tax is (a) $231,000, (b) $286,000, and (c) $341,000. 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

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