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Effect of Financing on Eamings per Share Domanico Co, which produces and sels biking equipment, is financed as follows Bonds payable, 10% (issued at face
Effect of Financing on Eamings per Share Domanico Co, which produces and sels biking equipment, is financed as follows Bonds payable, 10% (issued at face amount) Dreferred $1 stock, $10 par Common stock, $25 par Income tax is estimated at 40% of income $900,000 900,000 900,000 Detormine the earnings per share on cammon stock, assuming that the incoma befora bend interest and income tac s (a) $315,000, (b) $405,00, and (e) 9405,000 Enter ansewers in dolars and coents, 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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