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Question 26 1 pts INCOME STATEMENT Net Sales $31,000,000 Cost of Goods Sold $4,100,000 Gross Profit $26,900,000 Depreciation Expense $1,200,000 S&A Expenses $2,728,000 Operating Income

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Question 26 1 pts INCOME STATEMENT Net Sales $31,000,000 Cost of Goods Sold $4,100,000 Gross Profit $26,900,000 Depreciation Expense $1,200,000 S&A Expenses $2,728,000 Operating Income $22,972,000 (EBIT) Interest Expense $1,500,000 Income before Taxes $21,472,000 Income Taxes (42%) $9,018,240 Net Income $12,453,760 Yahoo Inc has the income statement shown above. What is the Earnings Per Share EPS if the firm has 4 million common shares? Round your answers. O $2.68 O $3.11 O $6.73 O none of the answers is correct O $5.74

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