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Jorge Corp. of North Bay has 100,000 shares outstanding. Sales are $5 million, EBIT is $1 million, and interest paid is $200,000. The firm pays

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Jorge Corp. of North Bay has 100,000 shares outstanding. Sales are $5 million, EBIT is $1 million, and interest paid is $200,000. The firm pays 10% of its earnings as dividends. If the corporate tax rate is 34%, what is Jorge's earnings per share? $2.72 $3.40 $5.28 /, $6.60 $10.00

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