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Calculate earnings per share

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Question - Given the following information, calculate earnings per share. Show all calculations.

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

Reference no: EM132222095

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