Calculate shiny golds earnings per share, Financial Accounting

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Calculate shiny golds earnings per share

Problem

Shiny gold has a market value of $560,000 and 296,000 ordinary sales on issues and expected ebit of $630,000. if shiny gold has $340,000 of debt in its capital structure at an annual interest rate of 7.4%. Calculate shiny gold's earnings per share if shiny gold's tax rate is 30%.

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Financial Accounting: Calculate shiny golds earnings per share

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