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The following information (in millions of dollars) is available for L Brands for a recent year: sales revenue $8,970, net income $221, preferred dividend $0,
The following information (in millions of dollars) is available for L Brands for a recent year: sales revenue $8,970, net income $221, preferred dividend $0, and weighted-average common shares outstanding 325 million. Compute the earnings per share for L Brands. (Round answer to 2 decimal places, e.g. 15.25.)
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