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Earnings before depreciation, interest, and taxes $1,600,000 Depreciation expense $100,000 Tax rate...

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Question

Accounting

Earnings before depreciation, interest, and taxes $1,600,000

Depreciation expense $100,000

Tax rate 40%

Interest expense $10,000

Common dividends paid $200,000

Number of shares of common stock outstanding $500,000

a.

1.79
b.

1.39
c.

3.20
d.

1.20

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