Billy\'s Exterminator\'s, Inc., has sales of $734,000, costs of $315,000, deprec

Question

Billy's Exterminator's, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interst expense of $35,000, and a tax rate of 35 percent. Suppose this firm had 110,000 shares of common stock outstanding. What is the earnings per share, or EPS figure? What is the dividends per share figure? Billy's Exterminator's, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interst expense of $35,000, and a tax rate of 35 percent. Suppose this firm had 110,000 shares of common stock outstanding. What is the earnings per share, or EPS figure? What is the dividends per share figure?

Explanation / Answer

Dividends per share = Dividends / Shares
$85,000 / 110,000 = $0.77 per share

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