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Problem:

Gitg, Inc., has sales of $614,797, costs of $266,951, depreciation expense of $77,058, interest expense of $37,579, and a tax rate of 38 percent. The firm paid out $54,455 in cash dividends and has 54,430 shares of common stock outstanding.

Required:

What are the earnings per share?

Note: Please show how you came up with the solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91162310

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