Homework Answers
| Sales | 649,000 |
| Less:Costs | 292,000 |
| Less:depreciation | 44000 |
| EBIT | 313,000 |
| Less:interest expense | 32000 |
| EBT | 281,000 |
| Less:taxes(281,000*35%) | 98350 |
| Net income | 182650 |
EPS=Net income/Common stock outstanding
=(182650/96000)=$1.90(Approx).
Dividend per share=Dividend/Common stock outstanding
=(76800/96000)=$0.8
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