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QUESTION 20 As the financial vice president for Squamish Equipment, you have the following information: Expected net income after tax next year before new financing

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QUESTION 20 As the financial vice president for Squamish Equipment, you have the following information: Expected net income after tax next year before new financing Sinking-fund payments due next year on existing debt Interest due next year on existing debt Company tax rate Common stock price, per share Common shares outstanding For next year, calculate Squamish's carnings per share if Squamish sells 2 million new shares at $20 a share. 1.28 $40 million $14 million $15 million 36% $20 18 million 1.39 2.00 2.22 Click Save and Submit to save and submit. Click Save All Answers to save all answers

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