effect on financing on earnings per share. henriksen co. which produced and sells biking equipment is financed as follows:

eBook Show Me How Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $800,000 Preferred $2 stock, $20 par 800,000 Common stock, $25 par 800,000 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) $344,000, (b) $424,000, and (c) $504,000. 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