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Required information [The following information applies to the questions displayed below.) Squamish Equipment Selected financial information Expected net income after tax next year before new

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Required information [The following information applies to the questions displayed below.) Squamish Equipment Selected financial 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 $ $ $ 40 million 14 million 15 million 36% 20.00 18 million Please refer to the financial information for Squamish Equipment above. Calculate Squamish's earnings per share next year assuming Squamish raises $40 million of new debt at an interest rate of 7 percent. Multiple Choice 0 128 Required information Multiple Choice Part 4 of 4 Skipped None of the options are correct.

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