Calculate laplands earnings per share

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Problem: Lapland Wool Products has a tax rate of 30% and an expected EBIT of $3.79 million. Lapland Wool has $1.34 million of debt in its current capital structure at an annual interest rate of 5.53%, and 2.480 million ordinary shares on issue with a market value of $7.04 million. Calculate Lapland's Earnings Per Share.

Reference no: EM133616917

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Calculate laplands earnings per share : Lapland Wool Products has a tax rate of 30% and an expected EBIT of $3.79 million. Calculate Lapland's Earnings Per Share.
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