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A firm reported the following financials for 2021: Sales revenue = $3,060 %3D Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 %3D COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 %3D The firm's EPS, rounded to the'nearest cent for 2021 was a. $0.5335 O b. $0.3024 O C. $0.5125 d. $0.3204

A firm reported the following financials for 2021: Sales revenue = $3,060 %3D Accounts receivables = $500 Interest expense = $126 Total operating expenses = $600 Accounts payable = $240 %3D COGS = $1,800 Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 %3D The firm's EPS, rounded to the'nearest cent for 2021 was a. $0.5335 O b. $0.3024 O C. $0.5125 d. $0.3204

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 %3D Interest expense = $126 Total operating expenses = $600 %3D Accounts payable = $240 %3D COGS = $1,800 %3D Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 %3D The firm's EPS, rounded to the nearest cent for 2021 was a. $0.5335 b. $0.3024 Oc. $0.5125 Od. $0.3204
Transcribed Image Text:A firm reported the following financials for 2021: Sales revenue = $3,060 Accounts receivables = $500 %3D Interest expense = $126 Total operating expenses = $600 %3D Accounts payable = $240 %3D COGS = $1,800 %3D Dividend on preferred stock = $18 Tax rate = 40% Number of common shares outstanding = 1,000 %3D The firm's EPS, rounded to the nearest cent for 2021 was a. $0.5335 b. $0.3024 Oc. $0.5125 Od. $0.3204
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