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Griffins Goat Farm, Incorporated, has sales of $724,000, costs of $225,000, depreciation expense of $50,000, interest expense of $20,000, and a tax rate of 24

Griffins Goat Farm, Incorporated, has sales of $724,000, costs of $225,000, depreciation expense of $50,000, interest expense of $20,000, and a tax rate of 24 percent. The firm paid out $115,000 in cash dividends, and has 40,000 shares of common stock outstanding.

a. What is the earnings per share, or EPS, figure?

b. What is the dividends per share figure?

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