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
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95b7f352-7d65-4fdf-9931-e6ea92402df7%2F0daea011-b4ec-4087-aefb-c8f4b669ce4a%2Fwgrlx5_processed.jpeg&w=3840&q=75)
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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