Earnings after taxes increased

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Rock on Glass Repair had earnings after taxes of $390,000 in the year 2014 with 300,000 shares outstanding. On January 1, 2015, the firm issued 25,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 20 percent. QUESTION: Compute earnings per share for the year 2014.

Reference no: EM13976474

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