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What was FlickNet's earnings (net income) per share in 2015 given the following information: Corporate income tax rate: 34% Number of shares outstanding: 300,000 Cost
What was FlickNet's earnings (net income) per share in 2015 given the following information:
Corporate income tax rate: 34%
Number of shares outstanding: 300,000
Cost of goods sold: $133,000,000
Selling and administrative expense: $32,000,000
Interest expense: $6,000,000
Sales: $190,000,000
(The answer is $41.80, I am just unsure about the steps to achieve this. Thanks so much!)
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