Sidewinder, Inc., has sales of $670,000, costs of$337,000, depreciation expense of $82,000, interest expense of $47,000, and
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Sidewinder, Inc., has sales of $670,000, costs of$337,000, depreciation expense of $82,000, interest expense of $47,000, and a tax rate of 24 percent. The firm paid out$77,000 in cash dividends and has 36,800 shares of common stock outstanding.
a.What is the earnings per share, or EPS, figure?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.What is the dividends per share figure?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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