chucklesKK
Feb 19, 2011, 10:33 PM
This question is absolutely kicking my @ss. I need to determine a firm's EPS from the following information:
Corporate income tax rate = 25%
Number of shares outstanding = 10,000
Cost of goods sold = $60,000
Interest earned = $2400
Selling and administrative expense = $15000
Interest expenses = $5000
Sales = $100,000
Annual credit sales = $90,000
Corporate income tax rate = 25%
Number of shares outstanding = 10,000
Cost of goods sold = $60,000
Interest earned = $2400
Selling and administrative expense = $15000
Interest expenses = $5000
Sales = $100,000
Annual credit sales = $90,000