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JKCPA , CPA
Category: Finance
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Experience:  Bachelors degree and CPA with Accounting experience.
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Determine a firms earnings per share

Resolved Question:

Determine a firm's earnings per share from the following information.

Corporate income tax rate                         25%


Number of shares outstanding                  10,000


Cost of goods sold                                    $60,000


Interest earned                                            2,400


Selling and administrative expense         15,000


Interest expense                                          5,000


Sales                                                           100,000


Annual credit sales                                     90,000

Submitted: 4 years ago.
Category: Finance
Expert:  JKCPA replied 4 years ago.
Hi,

Thanks for the question.

Please click here to download the solution.


Hope this helps!
Customer: replied 4 years ago.

When I click on the solution, it says Error

Expert:  JKCPA replied 4 years ago.
Hello,

Sorry, there must have been an error in the link.

Please try this link.

Thanks!

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