(Answered) Lifeline inc has sales of 604000 costs of 254000

Finance

Lifeline, Inc., has sales of $604,000, costs of $254,000, depreciation expense of $61,500, interest expense of $28,500, and a tax rate of 35 percent. The firm paid out $45,500 in cash dividends and has 59,000 shares of common stock outstanding.

Requirement 1:
What are the earnings per share?

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