Determine a firm's earnings per share from the following information. Corporate income tax rate $25 \%$
Number of shares outstanding 10,000
Cost of goods sold $\$ 60,000$
Interest earned $\quad 2,400$
Selling and administrative expense 15,000
Interest expense $\quad 5,000$
Sales $\quad 100,000$
Annual credit sales 90,000

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The Answer of Determine a firm's earnings per share from the following information. Corporate income tax rate $25 \%$
Number of shares outstanding 10,000
Cost of goods sold $\$ 60,000$
Interest earned $\quad 2,400$
Selling and administrative expense 15,000
Interest expense $\quad 5,000$
Sales $\quad 100,000$
Annual credit sales 90,000

Determine a Firm's Earnings Per Share from the Following Information 25%25 \%25%

Determine a Firm's Earnings Per Share from the Following Information $25 \%$