Question
The Marfa Mining Co. has the following capital structure: Bonds (13.3%) $50 mil Common Stock($1.50 par) $75 mil Retained Earnings $90 mil If the firm
The Marfa Mining Co. has the following capital structure:
Bonds (13.3%) $50 mil
Common Stock($1.50 par) $75 mil
Retained Earnings $90 mil
If the firm has EBIT of $22 mil and the tax rate is 30%, what is EPS?
| $.21 | ||
| $2.15 | ||
| $.30 | ||
| $.14 |
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How Finance Works
Authors: Mihir Desai
1st Edition
1633696707, 978-1633696709
