Question
The Alpine Mining Co. has the following capital structure: Bonds (7.4%) $60 mil Common Stock ( $3 par) $84 mil Retained Earnings $70 mil The
The Alpine Mining Co. has the following capital structure:
Bonds (7.4%) $60 mil
Common Stock ( $3 par) $84 mil
Retained Earnings $70 mil
The firm has EBIT of $130 million and a tax rate of 30 percent. What is the EPS?
| $1.05 | ||
| $2.14 | ||
| $3.14 | ||
| $.71 |
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ISE Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
18th International Edition
1265074658, 9781265074654
