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Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Determine the earnings per share of
Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $680,000,(b)$880,000, and (c) $1,080,000. 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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