Question
Southland Industries has $80,000 of 14.4% (annual interest) bonds outstanding, 1,800 shares of preferred stock paying an annual dividend of $4 per share, and 8,000
Southland Industries has $80,000 of 14.4% (annual interest) bonds outstanding, 1,800 shares of preferred stock paying an annual dividend of $4 per share, and 8,000 shares of common stock outstanding. Assuming that the firm has a 40% tax rate, compute earnings per share (EPS) for the following levels of EBIT: a. $26,000 b. $29,500 c. $ 35,400
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The Engineers Cost Handbook Tools For Managing Project Costs
Authors: Richard E. Westney
1st Edition
0824797965, 978-0824797966
