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    Feb 19, 2011, 10:33 PM
    How to calculate a firm's EPS
    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

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