Question
TAM Ltd has no debt and 400,000 shares outstanding. The current share price is $40. TAM Ltd pays 30% tax. If TAM's expected EBIT is
TAM Ltd has no debt and 400,000 shares outstanding. The current share price is $40. TAM Ltd pays 30% tax. If TAM's expected EBIT is $2,000,000, what is the expected earnings per share (EPS)?
a.
$5.0
b.
$4.5
c.
$3.5
d.
$4.0
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
13th Edition
0073524719, 9780073524719
