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Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Income tax is estimated at 40%

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Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Income tax is estimated at 40% of income: Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $587,500, (b) $712,500, and (c) 5837,500 Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per shore on common stock 4 b. Earnings per share on common stocks c. Earnings per share on cormmon stock 1

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