Business, 31.03.2020 02:26 Nunez610

P13–11 EPS calculations Southland Industries has $60,000 of 6% (annual interest) bonds outstanding, 1,500 shares of preferred stock paying an annual dividend of $5 per share, and 4,000 shares of common stock outstanding. Assuming that the firm has a 40% tax rate, compute earnings per share (EPS) for the following levels of EBIT: $24,600

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P13–11 EPS calculations Southland Industries has $60,000 of 6% (annual interest) bonds outstanding,...

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