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How do you calculate these? Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: cuments

How do you calculate these?

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Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: cuments Bonds payable, 10% (issued at face amount) $1,500,000 Preferred $1 stock, $10 par 1,500,000 Common stock, $25 par 1,500,000 Income tax is estimated at 40% of income. ntations EXCEL.ALGO Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $720,000, (b) $870,000, and (c) $1,020,000. SX ALGO Enter answers in dollars and cents, rounding to two decimal places. XLOAD dsheets a. Earnings per share on common stock $ b. Earnings per share on common stock $ c. Earnings per share on common stock $ ITML eloper

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